Sugar tax in 2019
WILLEMSTAD - The government will introduce the previously promised sugar tax in 2019. That should bring in 2 million guilders for the state treasury. The extra tax on soft drinks is used in the fight against obesity More...
Near riot in The Bahamas over proposed tax increases
NASSAU - A near riot broke out in the downtown area of Parliament Square in Nassau, the capital of The Bahamas, as hundreds of protestors gathered, tore down steel barricades separating them from security forces More...
Ten times the same order: ten times different taxes
WILLEMSTAD - Order the same package ten times from the United States and pay ten times a different amount of taxes. That happened to research agency RE-Quest. They did research on the costs of online shopping. From More...
How to enjoy being an expatriate and still comply with U.S. taxes in Curaçao
Expat living is exciting, but we don't want to make it too exciting. The good news is that compliance is relatively simple. Curaçao is a party to FATCA (Foreign Account Tax Compliance Act). It's possible that More...
Dutch dividend withholding tax reform for COOP structures
WILLEMSTAD, THE HAGUE - The Netherlands recently proposed amendments to the Dutch Dividend Withholding Tax (DWT) Act. The new legislation came into effect on 1 January 2018 and includes changes to the dividend More...
Justice demands millions from former Central Bank President
WILLEMSTAD - The Public Prosecution (OM) in Curaçao demands a six-month conditional prison sentence, 240-hours community service and a fine of ten million guilders (5.6 million dollars) against the former President More...
Ministry of Finance is considering giving a ‘discount’
WILLEMSTAD - According to the Minister of Finance, Kenneth Gijsbertha the Tax Office will give anyone who owes taxes before the period of 2014 a 20% discount on what they owe. This is according to the current plans More...
Government will accelerate tax collection
WILLEMSTAD - The government has lost 50 million guilders in recent months because economic growth is lagging behind. This is what the Minister of Finance Kenneth Gijsbertha reported to the Parliament of Curaçao More...
Braam: “Both maintenance expenses and fire insurance must be deductible from income tax”
WILLEMSTAD - According to the Member of Parliament for Korsou di Nos Tur (KdNT) Dr. Edward Braam, a system must be introduced immediately, whereby maintenance expenses and fire insurance can be deducted from income More...
Many drivers have not paid their road tax yet
WILLEMSTAD - Less than a third of those who pay road tax have not done so yet. This is according to the Receiver of Taxes Alfonso Trona. Officially yesterday was the last day to pay the road tax for this year of More...
