The CRS was implemented on June 29, 2017 in the (Landsbesluit uitvoering internationale bijstandsverlening or LB LIBB). The identification and reporting requirements for reporting financial institutions with regard to the automatic exchange of information on the basis of the CRS are already included in the LIBB. In accordance with the LB LIBB  the countries that can be considered as participating jurisdictions for the application of the look through obligation for the CRS have been designated. See link.

Primary legislation:

1. National Ordinance on General National Taxes (NOGNT); Algemene Landsverordening Landsbelastingen (ALL)
2. National Ordinance on International Assistance in the Collection of Taxes (NOIAT); Landsverordening internationale bijstandsverlening bij de heffing van belastingen (LIBB)

Secundary legislation:

• National Decree on Implementing International Assistance; Landsbesluit uitvoering internationale bijstandsverlening (LBHam)

Policy framework:

This is a policy document that indicates how Curaçao combines the elements from the National Ordinances and the National Decree to ensure that the ToR (AEOI/CRS) is complied with.