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Amendments to Tax Arrangement between Curacao and the Netherlands have Entered Into Force

15 July 2024

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Treaty Development

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Netherlands-Curacao

On 13 July 2024, amendments to the tax arrangement between Curacao and the Netherlands entered into force. The amendments were signed on 26 June 2024 and include the following changes: The preamble is replaced in the with OECD BEPS standards; Article 1 (Scope) is amended with the addition of new provisions regarding the taxation of Income and benefits from collective investments through a Curacao mutual fund or limited partnership or a Dutch private mutual fund; Article 2 (Taxes Covered) is amended with the addition of "withholding tax" as a covered tax for the European part of the Netherlands Article 3...