On 12 December 2013, the Netherlands and Curaçao reached an agreement on the text of a new bilateral agreement for the avoidance of double taxation (the Agreement) between the two countries. The Agreement, which is expected to take effect from 1 January 2015, would replace the existing regulation dating from 1964; the Tax Regulation for the Kingdom (Belastingregeling voor het Koninkrijk). The Agreement also provides for the following: Withholding taxes The Agreement provides for withholding taxes on: - remuneration for artists and sportsmen; - remuneration for services provided for a period exceeding 183 days (service PEs); and - dividends and...