OECD 2018 Progress Report on Preferential Regimes: Curaçao regimes not harmful, respectively no longer harmful or out of scope
The OECD has released today its new publication, Harmful Tax Practices - 2018 Progress Report on Preferential Regimes (hereafter “the Progress Report”, or “the report”), which contains results demonstrating that jurisdictions have delivered on their commitment to comply with the standard on harmful tax practices, including ensuring that preferential regimes align taxation with substance. The release of the report has been announced today with a press release as published on the ...
OECD releases decisions on 11 preferential regimes of BEPS Inclusive Framework Members
The Inclusive Framework on BEPS released the updates to the results for preferential regime reviews conducted by the Forum on Harmful Tax Practices (FHTP) in connection with BEPS Action 5. This follows from a press release published on the website of the OECD on 17 May 2018. Four new regimes were designed to comply with FHTP standards, meeting all aspects of transparency, exchange of information, ring fencing and substantial activities and are found ...
Vragen Statenlid Obispo over kwalificatie Curaçao bij het Global Forum en over wijziging belastingregimes in het kader van de Peer Review Phase 2
Onder verwijzing naar het overdrachtsdocument van voormalig minister van financiën de heer Jose Jardim uit december 2016 “Een solide basis voor een betere toekomst, verantwoording- en overdrachtsdocument – aanvulling” heeft het Statenlid de heer Curtley Obispo (PAR) in een schrijven van 24 oktober 2017 een aantal vragen gesteld aan de Minister van Financiën van Curaçao, de heer Kenneth Gijsbertha, met betrekking tot de kwalificatie van Curaçao onder het project van ...
Curaçao regimes of the tax exempt entity, the export facility, and the E-zone mentioned in the 2017 Progress Report on Preferential Regimes as in the process of being amended
On 16 October 2017 the report “Harmful Tax Practices - 2017 Progress Report on Preferential Regimes, Inclusive Framework on BEPS: Action 5” was released by the OECD. This report provides details on the outcome of peer reviews undertaken of 164 preferential tax regimes identified amongst the more than 100 jurisdictions participating in the OECD Inclusive Framework on BEPS. See the separate item in today’s CFN regarding said report: “Harmful Tax Practices ...
Harmful Tax Practices – 2017 Progress Report on Preferential Regimes released
Governments have dismantled, or are in the process of amending, nearly 100 preferential tax regimes as part of the OECD/G20 BEPS standards to improve the international tax framework, according to a progress report released by the OECD/Inclusive Framework on 16 October 2017. The report “Harmful Tax Practices - 2017 Progress Report on Preferential Regimes, Inclusive Framework on BEPS: Action 5” provides details on the outcome of peer reviews undertaken of ...