Tax Treaty Netherlands Suriname
About Tax Treaty Netherlands Suriname
One of the oldest tax treaties still in force is between the Netherlands and its former colony Suriname, originally signed in 1926. Tax treaties between former colonial powers and their colonies often preserved economic ties after independence. The Netherlands Suriname treaty was renegotiated multiple times, most recently in 2015. The treaty has been controversial because Suriname is a developing country that loses revenue through treaty provisions. Developing countries have historically been at a disadvantage in tax treaty negotiations. The UN Committee of Experts on International Cooperation in Tax Matters has developed model provisions designed to better protect developing country interests. The BEPS project has led to reviews of thousands of tax treaties, with many being renegotiated to include anti abuse provisions.
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