The intergovernmental agreement between Curacao, a low-tax Caribbean territory, and the United States implementing the US Foreign Account Tax Compliance Act is now in force.Read Full Story
On June 5, 2014, the Court of Justice of the European Union handed down a joint ruling concerning two Dutch companies' objections to the imposition of withholding tax on dividends paid to their respective holding companies based in the former Netherlands Antilles.Read Full Story
The United States Trade Representative has begun a consultation on whether certain Caribbean countries should be designated as eligible to receive benefits under the Caribbean Basin Economic Recovery Act or the Caribbean Basin Trade Partnership Act.Read Full Story
The Netherlands government has denied claims by the former leader of Curacao's indebted government that the introduction of an interim administration had come as a result of a bloodless 'coup'. Read Full Story
Curacao has been tasked by the Netherlands government with getting its fiscal house in order after it contravened a pledge made upon its independence to maintain balanced budgets. Read Full Story
Curacao runs the risk of falling into a cycle of posting recurring budget deficits if policy makers fail to implement a plan to consolidate the deficit, and support the competitiveness of the island as a financial services domicile, the Central Bank of Curacao and Saint Marteen has said in its latest annual report, on developments in 2011. Read Full Story
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