NewsCase StudiesEvents

New Tax Arrangement Between Netherlands And Curacao Looms

Also in the news...

Foreign travel advice Georgia

Warnings and insurance Still current at: 16 May 2024 Updated: 16 May 2024 Latest update: Information on the political situation across Georgia ('Safety and security' page).

How to market and package ecommerce products for maximum impact

To market and package your ecommerce products for maximum impact, start by understanding your target audience's demographics, passions, and daily struggles. Tailor your product descriptions and packaging to resonate with their identity, making them feel like part of a community.

Foreign travel advice Norway

Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: This travel advice was reviewed for style and accuracy.

Guidance Living in Austria

Information for British citizens moving to or living in Austria, including guidance on residency, healthcare and driving.

Foreign travel advice Sweden

Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: Removal of information about Eurovision Song Contest ('Warnings and insurance' and 'Safety and security' pages).

New Tax Arrangement Between Netherlands And Curacao Looms

Back to News

The Dutch Lower House (2e Kamer) approved earlier this month the new bilateral rules for the avoidance of double taxation between the Netherlands and Curacao.

This new tax arrangement replaces the current tax arrangement for the Kingdom of The Netherlands.

Next step will be approval by the Upper House (1e Kamer). Provided that all formalities will be met in time, it is exepected that the new arrangement will enter into force on 1 January 2016.

For Curacao entities holding at least 10% of the shares in a Dutch subsidiary, the dividend withholding tax on dividends paid from the Netherlands to Curacao, can be reduced to 0% in certain circumstances, for example in case the Curacao company has sufficient substance on the island.

For multinationals who expect considerable dividend streams from the Netherlands, this new tax arrangement could be very interesting.

Article supplied by The TMF Group

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.