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Aruba News

UK Legislates For Three TIEAs

by Robert Lee,, 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,, 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,, 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,, 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,, 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,, 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,, 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

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,, 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,, 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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