The State Secretary of Finance, Jan Kees de Jager, and the Prime Minister of the British Virgin Islands, Ralph T. O’Neal, signed a treaty on Friday, 11 September, which provides for the exchange of fiscal information. The treaty corresponds to Mr De Jager’s intensive tackling of persons not declaring their savings.
“The British Virgin Islands have been very cooperative and have committed themselves to the international standards of transparency and the exchange of information. This treaty is important for the Netherlands, because as a result of it the Tax and Customs Administration will receive information from one of the major financial centres in the Caribbean,” says Mr De Jager.
The Netherlands Antilles and Aruba will also exchange fiscal information with the British Virgin Islands. The Minister of Finance, Ersilia de Lannooy, signed a treaty with the British Virgin Islands on behalf of the Netherlands Antilles and Nilo Swaen, the Minister of Finance and Economy, signed a treaty with the British Virgin Islands on behalf of Aruba. These Antillean and Aruban treaties have been realised in close cooperation with the Netherlands.
State Secretary De Jager has continuously urged for more international transparency and the exchange of data at various international occasions (G20, OECD, EU). The treaty with Switzerland will be signed shortly. In addition, negotiations are being held with, inter alia, Monaco, Liechtenstein, San Marino and Andorra.