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Curacao Establishes New Rules on Foreign Tax Relief with National Decree on Prevention of Double Taxation

|Approved Changes|Curacao
Curacao

On 19 October 2022, Curacao published the National Decree on Prevention of Double Taxation, which provides for the implementation of Article 58 of the General National Ordinance on National Taxes and establishes further rules in regard to relief from double taxation. Article 58 provides that, in order to avoid double taxation, because both Curaçao and another state (power) levy tax on the same…

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