Lawmakers Discuss Breaking Up The Netherland Antilles
by Amanda Banks, Tax-News.com, London
23 December 2004
The Dutch cabinet is willing to discuss the breaking up of the Netherland Antilles
into separate entities provided that certain conditions are met after the dissolution
of the Central Government, it has emerged.
According to a statement released after a recent meeting of the Council of
Ministers, the new constitutional arrangement must guarantee the quality of
the judicial system, sound governance and responsible financial management.
These conclusions dovetail with those of the committee established by Kingdom
Relations Minister Thomas de Graff, who has called for autonomy for the islands
that make up the Netherland Antilles.
This committee, chaired by Edsel Jesurun, concluded that the Central Government
should be dismantled, and that the territories of Curcao and St Maarten should become autonomous
countries within the Kingdom, along similar lines to Aruba.
The report also recommended that Bonaire, St. Eustatius and Saba become semi-independent, although with more direct ties to The Hague.
A comprehensive report in our Intelligence Report series
giving background tax and residence information on many of the key offshore
jurisdictions is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp
and a description of the report can be seen at
http://www.lowtaxlibrary.com/asp/description_report4.asp
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