Aruba News

OECD Reports Progress On Harmful Tax Regimes Work

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 23, 2018

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide. Read Full Story

Aruba Urged To Reform Indirect Tax Regime

by Mary Swire, Tax-News.com, Hong Kong

Friday, June 16, 2017

Caribbean territory Aruba should more broadly apply fewer rates of tax, and in particular look to increase the contribution of sales taxes, the International Monetary Fund has said. Read Full Story

Italy Amends Country 'Black Lists'

by Ulrika Lomas, Tax-News.com, Washington

Monday, April 6, 2015

On April 1, Italy's Minister of the Economy and Finance, Pier Carlo Padoan, signed two decrees that modify Italy's "black lists," and announced on the same day that Italy and the Vatican had signed their previously agreed tax information exchange agreement. Read Full Story

KPMG Comments On Indirect Tax Shift

by Robert Lee, Tax-News.com, London

Tuesday, May 6, 2014

Indirect taxes are becoming the weapon of choice for Governments seeking new revenues, according to a new report from audit, tax, and advisory firm KPMG. Read Full Story

IMF Urges Aruba To Consider VAT

by Philip Morton, Investors Offshore.com

Tuesday, August 13, 2013

The International Monetary Fund has appealed to authorities in Aruba to draft immediate corrective measures to counter the rising deficit, potentially through the introduction of a value-added tax. Read Full Story

BVI Signs Tax Information Exchange Agreement With Canada

Amanda Banks, London

Tuesday, June 18, 2013

In demonstrating its commitment to enhancing international relations, the Government of the British Virgin Islands has in place a total of 24 Tax Information Exchange Agreements, having signed its most recent agreement with the Government of Canada on May 21,2013. Read Full Story

Twelve New Signatories To OECD Multilateral Convention

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 30, 2013

Twelve territories have newly signed, or committed to sign, the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, while another six countries have deposited their instruments of ratification, at a ceremony at the Organization for Economic Cooperation and Development. Read Full Story

IMF Suggests VAT Solution For Aruba

by Jason Gorringe, Tax-News.com

Thursday, May 9, 2013

The International Monetary Fund has stressed the importance for Caribbean territory Aruba to draw up fiscal plans to tackle its mounting deficit, potentially with the introduction of value-added tax by 2015. Read Full Story

France, Aruba TIEA Enters Into Force On April 1

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 27, 2013

The tax information exchange agreement between the Kingdom of the Netherlands, with respect to Aruba, and the Republic of France, is due to enter into force on April 1. Read Full Story

USTR Consults On Caribbean Trade Benefits

by Mike Godfrey, Tax-News.com, Washington

Wednesday, October 17, 2012

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

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