Reply from the Government of Anguilla
Anguilla, 9 December 2004
Sir,
I have the honour to acknowledge receipt of your letter of 4 November 2004, which
reads as follows:
``Sir,
I have the honour to refer to the text of the proposed model ``Convention between
the Government of Anguilla and the Government of the Kingdom of the Netherlands concerning
the Automatic Exchange of Information about Savings Income in the form of Interest
Payments" that was approved by the High Level Working Party (Taxation of Savings)
of the Council of Ministers of the European Union on 22 June 2004.
In view of the above, I have the honour
-
• to propose to you the Convention on the taxation of savings income at the Appendix
to this letter;
-
• to propose that the said Convention may come into effect on the date of application
of Council Directive 2003/48/EC of 3 June 2003 on taxation of savings income in the
form of interest payments, which date shall be subject to the conditions set out in
Article 17(2) of the Directive, subject to the notification to each other that the
internal constitutional formalities for the coming into effect of the Convention are
completed;
-
• • to propose our mutual commitment to comply at the earliest date with our said internal
constitutional formalities and to notify each other without delay through the formal
channels when such formalities are completed.
If the above is acceptable to your Government, I have the honour to propose that this
letter together with its Appendix and your reply will together constitute an Agreement,
which shall enter into force on the thirtieth day after the latter of the dates on
which the respective Governments have notified each other in writing that the formalities
constitutionally required for the entry into force have been complied with.
Please accept, Sir, the assurance of our highest consideration, ``
I am able to confirm that the Government of Anguilla is in agreement with the contents
of your letter dated 4 November 2004 and to state that the Government of Anguilla
considers your letter and my reply as together constituing an Agreement between the
Government of Anguilla and the Government of the Kingdom of the Netherlands, which
shall enter into force on the thirtieth day after the latter of the dates on which
the respective Governments have notified each other in writing that the formalities
constitutionally required for the entry into force have been complied with.
Please accept, Sir, the assurance of my highest consideration,
DONE in Anguilla in the English language, in three copies.
HON. VICTOR BANKS
Minister of Finance