Also in the news...
UK-Vietnam committee documents
Decisions, documents and meeting minutes from the UK-Vietnam committees.
Foreign travel advice Uzbekistan
FCDO advises against all but essential travel to parts of Uzbekistan. Warnings and insurance Still current at: 7 May 2024 Updated: 3 May 2024 Latest update: Updated information on drones, road travel and regional risks ('Safety and security' and 'Regional risks' pages).
Foreign travel advice Trinidad and Tobago
Warnings and insurance Still current at: 7 May 2024 Updated: 5 May 2024 Latest update: Removal of information about temporary closure of Buccoo Reef Marine Park (Warnings and insurance). The Foreign, Commonwealth & Development Office (FCDO) provides advice about risks of travel to help British nationals make informed decisions.
Foreign travel advice Brazil
FCDO advises against all but essential travel to parts of Brazil. Warnings and insurance Still current at: 7 May 2024 Updated: 5 May 2024 Latest update: Updated information on rainfall and flooding (Safety and security, Regional risks)
Guidance UK-China Intellectual Property Newsletter
At the end of every month we publish a newsletter covering recent intellectual property (IP) developments in China.
New Tax Arrangement Between Netherlands And Curacao Looms
The Dutch Lower House (2e Kamer) approved earlier this month the new bilateral rules for the avoidance of double taxation between the Netherlands and Curacao.
This new tax arrangement replaces the current tax arrangement for the Kingdom of The Netherlands.
Next step will be approval by the Upper House (1e Kamer). Provided that all formalities will be met in time, it is exepected that the new arrangement will enter into force on 1 January 2016.
For Curacao entities holding at least 10% of the shares in a Dutch subsidiary, the dividend withholding tax on dividends paid from the Netherlands to Curacao, can be reduced to 0% in certain circumstances, for example in case the Curacao company has sufficient substance on the island.
For multinationals who expect considerable dividend streams from the Netherlands, this new tax arrangement could be very interesting.
Article supplied by The TMF Group