RESIDENT OR NON-RESIDENT IN THE NETHERLANDS ANTILLES: DOES IT MATTER?
For tax purposes it does
The Netherlands Antilles tax system is based on the residency principle. Residents are subject to tax on their world wide income and assets. Non-residents could be subject to Netherlands Antilles tax depending on the source principle.
These principles apply both to the inheritance and gift tax as the personal income tax. For both taxes the definition of a resident is broad. The law states: ”where a person is resident depends on the circumstances”. Where does one actually live? And for how many days a year? Where does one work and receives one’s salary?
Karel Frielink
Curacao-based Attorney (lawyer) / Partner
06
Feb
2007
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