Finance Monthly Taxation Awards 2015 Winners Edition

International trade structures Steevensz|Beckers offers advice and assistance in setting up cross-border trade and service structures, whereby beneficial use can be made of the economic area or international trade and services provisions and other tax advantages in the Dutch Caribbean. “Steevensz|Beckers Tax Lawyers does not only pay attention to corporate tax issues and transfer pricing but also pays close attention to VAT/Sales tax and custom duties”. Reorganisations, acquisitions and successions Mr Steevensz said: “The main issues in reorganisations, acquisitions and successions are the tax aspects involved in internal reorganisations, mergers and acquisitions (including management participation plans), management buy-outs and management buy- ins and due diligence. Steevensz|Beckers pays special attention to advising on and assisting in the transfer of private-owned (usually family owned) businesses to the next generation.” Dutch and Latin American desk The Dutch desk of Steevensz|Beckers Tax Lawyers advices foreign clients in the region who wish to invest in the Netherlands or use the Netherlands for their investments in Europe or other countries on Dutch tax aspects and the Dutch tax treaty network. Through Steevensz|Beckers’ Latin American desk, the firm assists Dutch companies who want to invest in Latin- and Central America. Some of the projects worked on in 2015 • Set-up sales office Dutch supplier (SAES) of demolition machines and rippers for mining industry, infrastructure industry. Advice on trading regimes, transfer pricing, substance demands. • Set-up sales structure for Buhola a Venezuelan on-line news media company for the Latin America market. • TX-U is amulti-platform (e-mail, tex message, Twitter, Facebook, WhatsApp application that enables users to program in advance text messages, e-mails, publications in social networks, status messages, twits, etc. The application allows for all these actions to be programmed well ahead of time and maintains reminders through the programmed date to allow for confirmations of publications and messages. Advice on implementation. • Aerolineas GOL. Advice regarding sales office in Curaçao. • Kunuku Aqua Resorts. Tax holiday procedure for the second phase of the resort containing a 90 room hotel and 240 seat restaurant. • PS Capital. Finance vehicles/restructuring receivables. • Curaçao Health & Beauty Holding BV: reorganization of a chain of local pharmacies, structuring of drugstores branches throughout Curaçao. • Position paper Curaçao tax consequence of reorganization of a Dutch bank. • Vanquish International project: advice and set-up fund for mutual account for € 3m local real estate investment. • Infinity Investment Group: debt reorganization of group that holds a successful chain of 9 Sparerib restaurants in the Netherlands as well as franchises it formula. • Advice for fund for mutual account for 2 Dutch HNWI’s, estate planning, participation of second generation. • Advice and implementation of Curaçao tax aspects of a gold trading fund with traders in Curaçao and Brazil. • Demerger and subsequent transfer of statutory seats to Luxembourg of Curaçao financial holdings of Italian group. • Assisting the Venezuelan Grupo Born in tax matters of their Columbian Sportswear retail store in Centro Comercial Sambil in Curaçao. • Assisting the Venezuelan PF Group in tax matters of their Paul Frank retail store Centro Comercial Sambil in Curaçao. • Assisting Sabbibianche in opening their Aqua Maritime franchise store of in Rifort mall • Assisting and advising Novomtic of indirect tax issue in St. Maarten. • Assisting the Dutch civil engineers Witteveen + Bos on expat matters and local tax issues, non-p.e. ruling. • Assisting the Amsterdam office of DLA Piper in Curaçao tax matter of 2 of their US clients. • Assisting (former) Dutch co-owner of Ailio (Microsoft developers) in expat and secondment issues in Curaçao. • Advice with US, Dutch and Brazilian colleagues on set-up of USD 20m Gold investment fund. 35 www.finance-monthly.com CURACAO Finance Monthly Tax Awards 2015