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...
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...
Doing business in St. Maarten: bottlenecks and solutions (part 3)
3. Paying taxes PHILIPSBURG — Establishing a business in St. Maarten is an at times an expensive road littered with stumbling blocks. The Ministry of Home Affairs and Kingdom Relations and the Ministry of More...
Online sales-tax: a fata morgana
By Hilbert Haar The idea to introduce a 7.5 percent tax on online purchases has triggered many questions. According to Minister Ardwell Irion (Finance) such a tax would “level the playing field” and encourage More...
Emmanuel: Any recommendation for property tax is dead on arrival
~ Tackle tax reform before Dutch do it for you ~ PHILIPSBURG — Independent Member of Parliament Christophe Emmanuel on Thursday said that the government of St. Maarten has to say once and for all if land More...
Minister Geerlings: “Unable to maintain current expense-levels”
PHILIPSBURG –Minister of Finance Perry Geerlings painted a dramatic picture of the country’s financial position during the handling of the draft 2019 budget on Monday. “An example of the way of thinking in More...
Divorce rate
Okay, the numbers are from the Netherlands but a divorce rate of 40 percent is still something that warrants out attention here. The institute of marriage is no longer the rock solid recipe for a happy future, and More...
“Not under my watch”, says Finance Minister Richard Gibson
PHILIPSBURG – Tax Reform is necessary. Responsible tax reform has to be approached with caution and with the necessary care. You cannot gamble with tax reform. The results have to be calculated in advance using More...
Twisting reality
USp-leader Frans Richardson is twisting reality with his statements about the approach of Finance Minister Richard Gibson towards tax reform. We’re not here to defend Minister Gibson (he explains his position More...
Property-Rich Cash-Poor
When political parties publish plans in their manifestos that they will impose a 10% property tax, they need to realize that a lot of people on St. Maarten are what is termed property-rich, but cash-flow poor. Even More...