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Government officials from the Netherlands Antilles and Jamaica will meet next week to commence negotiations towards an agreement for the avoidance of double taxation and prevention of fiscal evasion with respect to income tax.
The negotiations will begin almost two years to the day since State Secretary of Finance of the Netherlands Antilles, Alex Rosaria, sent a diplomatic note to the Jamaican authorities expressing his wish to start talks aimed at drafting a tax treaty.
Re-emphasising his commitment to reaching a conclusion to the agreement he recently stated that the treaty would be mutually beneficial for both parties and was crucial to improving economic ties and bilateral trade levels.
The Netherlands Antilles is keen to expand its double tax agreement network with the overall objective of developing its international financial services industry into a market leader. The government aims to achieve and maintain status as one of the top-ten high-value financial centres in the world within the coming years.
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