Tax News: Assessment of foreign source income exemption by the Code of Conduct Group and the Taskforce Tax Legislation

At the end of January 2019, the "Code of Conduct Group" of the Council of the European Union has unfortunately found, as part of the assessment of the measures taken by Curaçao to meet its commitment to abolish the preferential tax regimes before the end of 2018, the introduction of the exemption for foreign source income to be harmful.
 
The exemption for foreign source income was assessed by the Code of Conduct Group at its meeting of 29 January 2019 based on a number of criteria.
 
The conclusion is that this exemption has comparable harmful effects as the preferential tax regimes that have recently been abolished.
 
 

Agreement signed for renovation Courthouse Sint Maarten

PHILIPSBURG--Last week the Joint Court of Justice signed a construction agreement with Leeward Island Construction Company LICCOM for repairs and renovation of the historical Courthouse in the heart of Philipsburg.

Hotel art wall exceeded height allowed in building regulations

MARIGOT--The colourful murals on the perimeter wall fronting Hotel Mercure in Baie Nettle may be in jeopardy since a court ruling in Marigot deemed the height of the wall exceeds that permitted in the building regulations.

Nederlandse militairen helpen bij beveiliging Venezolanen op CuraƧao

WILLEMSTAD - Nederlandse militairen en marechaussees gaan op Curaçao helpen bij het beveiligen van migranten uit Venezuela, die vastzitten in extra opvangplekken. Ze zitten daar omdat de SDKK-gevangenis op het eiland overvol zit.