The Netherlands published the Law of 27 July 2024 in the official gazette, on 25 July 2024, ratifying the pending income tax treaty between Curaçao and Malta. The treaty aims to prevent double taxation and eliminate fiscal evasion regarding income taxes between the two countries.
This tax treaty, signed on 18 November 2015, is the first between the two nations. The Dutch House of Representatives approved the pending income tax treaty on 11 June, 2024.
It should be noted that as a constituent country of the Netherlands, Curaçao can negotiate bilateral tax agreements under certain conditions. However, the Dutch parliament has the authority to ratify these treaties.
This treaty shall enter into force on the day following the date of issuance of the government gazette after the exchange of the ratification instruments. It will take effect from 1 January of the year following its entry into force.
