Four Caribbean Countries on New EU Tax Haven Blacklist

BRUSSELS, Belgium – The European Union (EU) has released a blacklist of 17 countries which it says are tax havens, and four Caribbean countries are included.
 
Barbados, Grenada, St Lucia, and Trinidad and Tobago are on the list of countries not doing enough to deal with offshore avoidance schemes which was made public yesterday after months of EU officials screening tax policies.
 
Several other Caribbean countries failed to comply to the standards set by the EU as well, but got a temporary pass because they were hit hard by hurricanes this year. They are: St. Maarten, Antigua and Barbuda, Anguilla, the Bahamas, the British Virgin Islands, Dominica, St Kitts and Nevis, Turks and Caicos and the US Virgin Islands.
 
However, they have until next year to deal with the issues, the EU said.
 
“For jurisdictions affected by natural disasters, it was agreed to put the process temporarily on hold. This refers in particular to countries affected by hurricanes during 2017. They will be asked to address the concerns identified as soon as the situation improves, with a view to resolving them by the end of 2018. By February 2018, they will be contacted to prepare the next steps,” it said in a statement.
 
The full blacklist is: American Samoa, Bahrain, Barbados, Grenada, Guam, South Korea, Macau, Marshall Islands, Mongolia, Namibia, Palau, Panama, St Lucia, Samoa, Trinidad and Tobago, Tunisia and the United Arab Emirates.
 
The EU said the goal of that list is to ensure its partners adhere to the same tax standards as itself, calling it “a key victory for transparency and fairness”.
 
The list was established following a screening and a dialogue conducted during this year with a large number of third country jurisdictions. Those that appear on the list failed to take meaningful action to address deficiencies identified and did not engage in a meaningful dialogue on the basis of the EU’s criteria.
 
Apart from the 17 countries on the blacklist, 47 countries were placed on a so-called “grey-list”. These are countries that have committed to making changes to their tax policy in an attempt to comply with EU regulations. Among these countries on the grey list are Aruba and Curacao.

Crashed Defence helicopter just completed border patrol

ORANJESTAD/THE HAGUE--The Dutch Defence helicopter that crashed near Aruba on Sunday afternoon was on its way back to Curaçao from a border patrol flight above the sea.

Leerorkest Bonaire opgericht

KRALENDIJK - Onderwijs, cultuur en sociale opvoeding blijven belangrijk, ook tijdens een internationale pandemie. Na succesvolle initiatieven in Nederland, Curaçao en Aruba, is er recent ook een Leerorkest op Bonaire opgericht.

Vierde ‘Moot Court’ van UoC-studenten bij het Gerecht

WILLEMSTAD - Maandag 6 en vrijdag 10 juli is een aantal bijzondere zittingen gehouden in het Gerecht. Studenten van de University of Curaçao Dr. Moises da Costa Gomez (UoC) hebben het vak ‘Moot Court’, oftewel oefenrechtbank, afgesloten met pleitsessies met echte rechters van het Gemeenschappelijk Hof van Justitie.