BEPS Action 5 peer review on tax rulings: Curaçao has met all aspects of the terms of reference for the year 2020 except for identifying rulings within the scope of the transparency framework and under which category of rulings they fall and completing exchanges of information on rulings in accordance with the timelines. Curaçao receives recommendations (Curaçao)
Tuesday December 14th, 2021, the OECD/G20 Inclusive Framework on BEPS released the 2020 peer review assessments of 131 jurisdictions in relation to the spontaneous exchanges of information on tax rulings. The conclusions show that the global reach of the BEPS Action 5 minimum standard on tax rulings continues to increase, with 22 000 tax rulings having been identified and 41 000 exchanges between jurisdictions having taken place. The exchange on tax ...