On 29 December 2009, a Ministerial Decree was published on countries with a profit tax comparable with the Netherlands Antilles profit tax.
The Decree was the result of amendments to the tax regime for Antillean exempt companies, which apply from 1 January 2010. One of the requirements is that companies receiving dividends from foreign subsidiaries can only maintain their tax-exempt status if the foreign subsidiaries paying dividends, must be subject to a tax on…