news
business intelligence
All star line up
- International Olympic Committee Barclays, Cisco, Microsoft and KPMG at Exclusively Corporate at IMEX.
hotel news
Scandic signs agreement
to sell Scandic Hasselbacken in Stockholm.
196 events in 2018
BCCK Continues to Make its Mark
as the Venue of Choice.
developing the future
BestCities global alliance
launch new brand platform.
big event
International armada and military conference
to invade Copenhagen.
Bidding
Three bidders selected
to proceed in contest for 2024 European Athletics Championships.
affairs
Reed Exhibitions acquires Mack Brooks Exhibitions
opening window to new value for customers on three continents.
new job
Patric Sjöberg
appointed new CEO of Stromma.
airlines and security
Worlds Safest Airlines
named for 2019.
RSS
rss_icon
Links
OECD puts Aruba on “white list”
The Aruban Tourism Authority (ATA) reacts with joy following the recent decision by the Organization for Economic Cooperation and Development (OECD) to add Aruba to the list of jurisdictions that fully comply with international fiscal standards, the so called "white list”. According to ATA, new possibilities for the group meetings & incentives market in Aruba will now arise, also for the Scandinavian market.

Aruba had previously been placed on a list classified as the "grey list" because Aruba had not signed the required amount of Tax Information Exchange Agreements (TIEAs) with a threshold of 12 countries. During a meeting in Paris in September, a tax treaty was signed with several other countries, among them Norway, Sweden, Finland and Denmark, thus complying with OECD’s fiscal standards.

Aruba is very pleased with this progress. The recent actions underscore Aruba’s long-time commitment to high standards in the area of international tax compliance and transparency.

For the development of tourism, this also means a positive development. “We are extremely pleased with this excellent news. These new tax incentives will tremendously benefit the group and meetings/incentives markets, enhancing Aruba’s reputation as a destination that offers much more than just pristine beaches and year-round perfect weather,” states Mrs. Myrna Jansen-Feliciano, Managing Director of Aruba Tourism Authority.

Scandinavian ATA director Titti Lagerfeldt-Gelhaar adds: “We are very happy for Aruba. This decision, together with the fact that we now have a daily flight connection from Scandinavia, will no doubt open new possibillities for this market segment.”