U.S. and Aruba Conclude Tax Information Exchange Agreement

On November 21, 2003, the United States and Aruba signed a tax information exchange agreement, the ninth such agreement the U.S. has put in place with low-tax offshore jurisdictions in the past two years. Signed by Treasury Secretary John Snow and Aruba Prime Minister Nelson Oduber in a ceremony at the Treasury Department, the document applies to information that is "foreseeably relevant" to tax assessment and collection... [more]