Tag archive for ‘tax reform’
By The Publisher On Saturday, August 13th, 2022

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...

By The Publisher On Monday, September 20th, 2021

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...

By The Publisher On Friday, July 9th, 2021

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...

By The Publisher On Tuesday, June 25th, 2019

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...

By The Publisher On Monday, December 5th, 2016

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...

By The Publisher On Thursday, September 15th, 2016

“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...

By The Publisher On Thursday, September 15th, 2016

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...

By The Publisher On Saturday, September 10th, 2016

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...

By The Publisher On Thursday, August 25th, 2016

A Big No No

Finance Minister Gibson came out with a clear statement yesterday about flat rate and indirect taxes. That’s a big non-no, he said, and it won’t happen on my watch, because that approach only benefits the rich. It More...

By The Publisher On Tuesday, August 23rd, 2016

Direct vs Indirect Taxes

All over the internet you come across the same statement: “In 1939 St. Maarten was declared a duty-free port”. Literally, every wiki site and encyclopedic source online about the history of St. Maarten More...