Unbiased look at the Sint Maarten Elections
Motion Tabled To Aid In Avoidance Of Criminal Prosecution For Back Taxes
PHILIPSBURG--Government has been called on, via a yet-to-be voted on motion from Parliament, to initiate a public campaign to inform the population of the possibilities it has to make use of the tax facilities provided by General Ordinance on Taxes, such as the voluntary disclosure scheme (“Inkeerregeling†in Dutch) on how to avoid criminal prosecution under law.
The motion also calls on Government to allow for a longer period to pay taxes owed and adjust its collection policy accordingly.
Finance Minister Richard Gibson Sr Read more
PHILIPSBURG:--- Finance Minister Richard Gibson Sr. told reporters on Wednesday at the Council of Ministers press briefing that the St. Maarten Medical Center owes the government of St. Maarten over NAF.7M in back taxes.The Finance Minister said that SMMC was unable to pay their taxes over the past years and hopefully when the current building and land is sold to the company that will construct the new hospital, the government of St Read more
Dp Puts Fatca Back On The Agenda
St. Maarten News – It is not the first time that the faction of the Democratic Party wants to discuss the Fatca – the American Foreign Account Tax Compliance Act – and its consequences for local businesses and banks (see related story on page 3). In February 2013, there was a similar request by then MPs Roy Marlin and Leroy de Weever Read more
Government About To Collect 13 Million From Casino Sector
Parliamentarians happy with withdrawal increased road tax
St. Maarten – By providing the receiver’s office with a mandate, the government is able to collect 13 million in tax arrears from the casino-sector, Finance Minister Richard Gibson said yesterday afternoon during a meeting of the Central Committee where he, as announced on Wednesday, withdrew the draft law to increase the road tax in 2016.
In a brief introduction, the minister told parliament that he would like to make some changes to the draft the previous government had submitted Read more