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...
Collecting more taxes does not require reform; it requires enforcement
PHILIPSBURG — Tax reform. Tax compliance. Tax evasion. Tax fraud. These are all well-known terms in St. Maarten where fooling the tax inspectorate is seen by quite some citizens and companies as a national More...
Laws need to be put in place to protect pensioners
~ Seniors are ready to unite; taxation on pension income a serious issue ~ PHILIPSBURG — Senior citizens who are pensioners are ready to unite as taxation on pension income is become an intolerable issue More...
Labor Union against pensioners paying taxes
~ advises on alternatives ~ PHILIPSBURG—“In my opinion pensioners should not be paying wage taxes or income taxes,” said President of WIFOL Theophilus Thompson. According to him they have already contributed More...
Geerlings offers payment plan on unpaid taxes to ease the pressure on businesses
PHILIPSBURG — Times are still “tough for everyone” and in recognition of this reality, Finance Minister, the Honourable Perry Geerlings, has decided to offer an extension of the deadline for payment of More...
Caribbean aviation taxes may cause economic strangulation
by Cdr. Bud Slabbaert If an airport in the Caribbean wishes to be an international hub, or even a regional hub, it is probably well advised to drop departure taxes and other passenger taxes. Passenger taxation is More...
The big To-Do about failing Caribbean airlift
by Cdr. Bud Slabbaert In past three weeks, politicians and industry leaders at a number of summits in the Caribbean have expressed the urgent need for better air connections and more reasonable prices. Sorry folks. More...
Emerald-suspects ducked 4 million in taxes
PHILIPSBURG – The Court in First Instance handled the cases of four suspects in the Emerald-investigation on Tuesday and the demands from the prosecution against all four were identical to those issued in February More...
Casinos start to pony up
GREAT BAY – “I promised some months ago in parliament not to raise the taxes on car license plates,” Minister of Finance Richard Gibson said yesterday. Based on legislation that has been put in place an agreement More...
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...
