22 January 2016 Netherlands ratifies tax treaty with Sint Maarten A new bilateral Tax Arrangement between the Netherlands and Sint Maarten (TANS), which essentially functions as a tax treaty, was ratified by the Dutch Parliament and formally published on January 13. The TANS will apply to income received on or after January 1, 2017. The TANS is based on the Organization for Economic Co-operation and Development (OECD) Model Tax Convention and is in compliance with the OECD's views on substance and prevention of treaty abuse. As such, the countries in the Kingdom of the Netherlands will contribute to the prevention of tax evasion and avoidance and simultaneously provide new opportunities for investments and trading between the countries. A Tax Alert prepared by Ernst & Young's Belgium-Netherlands Tax Desk in New York, and attached below, provides additional details. Document ID: 2016-0161 |
