Aruba News

UK Legislates For Three TIEAs
by Robert Lee, Tax-News.com, London
Friday, July 1, 2011
The UK has begun its ratification process of three tax information exchange agreements, with Aruba, Liberia and the former Netherlands Antilles islands. Read Full Story

OECD Publishes Seven Country Reviews On Tax Transparency
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, April 28, 2011
The Organisation for Economic Cooperation and Development has published two new reports in its assessments of countries’ frameworks for facilitating the tackling of tax evasion through tax information exchange. Read Full Story

Offshore Banking Body Rebrands
by Jason Gorringe, Tax-News.com, London
Monday, April 11, 2011
Having broadened its role as a representative on behalf of numerous offshore financial centres in issues pertaining to financial sector regulation and best standards, the Offshore Group of Banking Supervisors has decided to rebrand itself the 'Group of International Finance Centre Supervisors’. Read Full Story

IMF Formulating Fiscal Plan For Indebted Caribbean
by Leroy Baker, Tax-News.com, New York
Friday, November 19, 2010
The International Monetary Fund has announced the launch of a forum aimed at drafting fiscal solutions for Caribbean territories, many of whom, due to the financial crisis, have experienced significant expansion in their already unsustainable deficits. Read Full Story

Caribbean Urges Change To UK Flight Tax
by Jason Gorringe, Tax-News.com, London
Wednesday, November 17, 2010
The Caribbean Tourism Organization has noted the publication of a report that comprehensively analyzes the impact of the UK's aviation tax, the Air Passenger Duty, on the tourism industries of Caribbean territories. Read Full Story

IMF Calls For VAT In Aruba
by Leroy Baker, Tax-News.com, New York
Friday, October 29, 2010
In its latest Article IV consultation with Aruba, the International Monetary Fund suggested that revenue measures would be needed to help balance fiscal constraints and social priorities, a key component of which could be a value-added tax. Read Full Story

Belize Signs TIEAs With Nordic Countries
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, September 22, 2010
Belize has signed tax information exchange agreements with seven Nordic countries, which will allow for the sharing of tax-related information in accordance with the standards established by the Organization for Economic Cooperation and Development. Read Full Story

IMF Recommends VAT For Aruba
by Phillip Morton, Investors Offshore.com
Thursday, September 16, 2010
The International Monetary Fund has recommended that Aruba implement a value-added tax regime as part of structural reforms designed to lower the budget deficit from 4% of the economy to 1% by 2013. Read Full Story

Netherlands Signs Two Caribbean TIEAs
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, September 9, 2010
The Netherlands Ministry for Foreign Affairs has announced the signing of two Tax Information Exchange Agreements with the Caribbean of territories Aruba, and Antigua and Barbuda. Read Full Story

Caribbean Intensifies Lobbying Against UK Air Tax
by Amanda Banks, Tax-News.com, London
Wednesday, September 8, 2010
The Caribbean is to intensify efforts to establish a 'fairer passenger tax system' in the UK during an official visit to the city of London, which will include a series of meetings between high-level officials and parliamentary bodies, the Caribbean Tourism Organization said. Read Full Story
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