17.04.2007 The 5th OffshoreAlert Financial Due Diligence Conference is to be held from April 24.2007 till April 25.2007 in Hotel InterContinental, Miami, Florida United States. The purpose of this year's Conference is to make due diligence understandable and practical for Conference participants. There will be over 40 speakers on the Conference, both from the private and public sectors in offshore and onshore countries, which will give information how to identify, manage and avoid unnecessary risk in banking, international finance, and general business. Among the organizations presented on the Conference there are U.S. Securities & Exchange Commission, U.S. Department of Justice, U.S. Senate, Cayman Islands Monetary Authority, Bahamas Securities Commission, Bermuda Monetary Authority, British Virgin Islands Financial Services Commission, Deloitte & Touche and many others.
02.04.2007 Last week governments of the United States and the Netherlands Antilles exchanged the diplomatic notes, and from that moment a Tax and Information Exchange Agreement (TIEA) between these countries came into force. From March 22, 2007 the agreement allows taxpayers in the United States to claim a deduction on convention expenses paid in the five islands of the Netherlands Antilles - Curacao, Saint Maarten, Bonaire, Saba and Saint Eustatius. Taxpayers of the Netherlands Antilles have the same rights for conventions held in the United States. The treaty will also allow the Netherlands Antilles to benefit from the Caribbean Basin Trade Partnership Act. At the moment the Netherlands Antilles is also in the process of talks with the governments of Barbados and Trinidad & Tobago, towards the creation of double tax treaties; talks concerning similar agreements with northern countries were to start in February.
