Changes in formal tax law

On Friday 19 April 2013 Parliament of Curaçao has approved several changes to the General Tax Ordinance (Algemene landsverordening landsbelastingen or ALL).
These changes include the registration of the ultimate beneficiaries of legal entities and partnerships as well as the possibility to expand the current mandatory automatic data provision to include bank interest and annuities.
In this news flash we describe the main topics and we will briefly discuss some important details.