Central Bank report: red tape hampers economic growth
PHILIPSBURG — Businesses perceive government more as a hurdle than a help in realizing their dreams of creating and running a successful business. That is the rather sad conclusion of a working paper published by the Central Bank, entitled Effect of Red Tape on Business and Economic Development by economic analysis and research specialist Reggie More...
Tax office has no grip on ex officio assessments
PHILIPSBURG — If you have ever wondered why the tax administration continues to publish dozens upon dozens of tax warrants in the National Gazette, you can find the answer in the latest audit report of the More...
Cft satisfied with intended budget amendments
PHILIPSBURG — The government expects a budget surplus of 4 million guilders ($2.2 million) in 2024, 9 million ($5 million) in 2025 and 15 million ($8.4 million) in 2026. This projection appears from a letter More...
“Politics is heavily involved in filling management positions at the Cadastre”
PHILIPSBURG — What is so secretive about the Cadastre that is warrants a closed-door meeting of parliament? StMaartenNews.com discussed this issue with an organizational consultant, who offered a blistering More...
Government to collect tax from guests booking via AirBnB
“No additional laws are required to collect taxes related to Airbnb, those taxes can be collected under the current tax system,” said Finance Minister Ardwell Irion during the 2023 budget debate in Parliament, More...
Generous travel allowances for ministers on a cut 2023 budget
PHILIPSBURG — Finance Minister Ardwell Irion allocated himself a travel budget of NAf 60,000 for 2023, an increase of 601.39% compared to 2022. Tourism Minister Leo Lambriex has 100 percent more to spend More...
Open Letter to the Ombudsman of Country Sint Maarten requesting an investigation into Taxes in Sint Maarten
Generally speaking the task of the Ombudsman purports among others to investigate individual complaints against government. I believe that in this instance this threshold is met. The scope of taxation affects everyone More...
Tax reform – Profit tax
Dear Editor, Having discussed this in the past and considering that this topic has been broached by a couple of other persons in the public domain, I would like to again bring this topic of matter up. It is the More...
Accountant Natasha Manuela on paying taxes
PHILIPSBURG — On Wednesday January 25th, Natasha Manuela, Managing Director of Prudential Tax Services, was interviewed on the Wendell Moore’s radio show about taxes — encouraging the public to file More...
MP De Weever: “Our tax system is a bit absurd”
PHILIPSBURG — “We need to stop talking about tax reform and start reform,” independent MP Ludmila de Weever said in a meeting of parliament with Finance Minister Ardwell Irion. We need reform that empowers More...
