Saint Maarten's Tax Burden To Rise
by Mike Godfrey, Lowtax.net, Washington
22 June, 2016
Caribbean territory St Maarten has disclosed that it intends to broaden the tax base, simplify the tax regime, remove unnecessary red tape, and shift the tax burden towards indirect taxes, under plans approved by the territory's Council of Ministers.
The territory hopes to raise the tax burden from 22.9 percent of gross domestic product to 26 percent.
Part of this effort will mean modernizing tax administration, explained Sherry Hazel, the head of the tax agency, who emphasized the need for investment in new ICT infrastructure, to increase compliance rates, to meet international standards, and to improve data sharing capabilities.
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