|
|
Article: NETHERLANDS ANTILLES: Offshore business regs stiffened
- Article from:
- Caribbean Update
- Article date:
- March 1, 1995
CopyrightCOPYRIGHT 1995 Caribbean Update, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The American Embassy in the Hague on February 2 discussed stiffened offshore business regulations in the Netherlands Antilles in a report, details of which follow:
1. The Dutch and Netherlands Antilles' Governments on January 9,1995 concluded an agreement which will gradually do away with fiscal incentives offered by the Netherlands Antilles to encourage financial offshore activities like mailbox companies and special "penshonado" facilities for retirees although most details need to be worked out. To improve the financial reputation of the Dutch Caribbeans, the Netherlands Antillean fiscal regime will be brought in line with international tax agreements. The ...