The governments of Curaçao and Suriname have finalized a landmark tax treaty designed to prevent double taxation and combat tax evasion and avoidance between the two countries. The agreement, signed on July 1, 2024, in Willemstad, marks a major step in strengthening economic ties and promoting cross-border investment between the Caribbean neighbors.
According to the explanatory memorandum accompanying the treaty, the new accord outlines clear rules on which country has the right to tax income and assets of individuals and companies operating across both jurisdictions. It also establishes a legal framework for cooperation, including the exchange of tax information, administrative assistance, and mutual debt collection support.
