Netherlands – Tax regulation with Curaçao not effective before 2016
December 17: The Dutch Ministry of Finance announced that a new regulation for the avoidance of double taxation between the Netherlands and Curaçao is expected to be effective beginning 1 January 2016.
The Dutch government bill concerning this regulation is pending consideration by the Lower House. Once approved, the bill will move to the Upper House for its consideration.
In anticipation of the new tax regulation, the Netherlands is extending measures provided to Curaçao in previous years, concerning the Dutch corporate income tax rules on the taxation of dividends and profits realized from the transfer of shares. This mainly concerns Curaçao passive holding companies holding an interest of 5% or more in a Dutch subsidiary.