The governments of Curacao and Trinidad and Tobago have reportedly agreed to commence preliminary talks with the aim of launching negotiations towards a double taxation avoidance agreement.
According to Caribbean Net News, Curacao's State Secretary of Finance, Alex Rosaria, met with Conrad Enill, Minister of Finance of Trinidad and Tobago, in Port of Spain last week, where it was agreed that the government of the Netherland Antilles will send officials in Trinidad all the relevant information needed for technical teams to begin discussions.
Secretary Rosaria expressed satisfaction with the outcome of his visit, stating that: "I believe that the best way to face the challenges before us is to work together with our neighbours in the Caribbean Region with which we not only share a common history, but also the same characteristics of small economies."
The Netherlands Antilles have tended to move away from double tax treaty arrangements during recent years. At one time the country had treaties with a number of prominent countries, including the US and the UK.
However, most of these treaties have lapsed, and the only remaining double tax treaty as such is with Norway. There is also the 'BRK' (Belastingregeling voor het Koninkrijk) tax agreement with the Netherlands.
.Tags: Curaçao
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