The agreement for the exchange of information regarding tax matters between the Czech Republic and the Kingdom of the Netherlands with respect to Aruba was signed on 29 June 2015 in the Hague. The agreement was later published on 19 August 2016 in the Collection of International Treaties under the no. 41/2016.
The agreement allows for the exchange of information between the two jurisdictions, regardless of the type of tax incurred. Subsequently, it requires all competent authorities to comply with any requests made by the contacting state regarding information for assessment, tax collection and the enforcement of tax.
The agreement entered into force in accordance with the Article 14 on 1 August 2016.
Impact on investors: The TIEA between the Czech Republic and Kingdom of the Netherlands with regards to Aruba entered into force.