IMF Staff Report of the 2025 Article IV Consultation Discussions re Sint Maarten: Mobilizing additional revenues to create space for priority spending includes the planned tourism levy and dividend tax, improving compliance for short-term rentals, taxing casino turnover and winnings, and continuing tax administration reforms. Considerations of a bank transaction tax should be weighed carefully due to its potentially regressive effects (Sint Maarten)
On Tuesday, September 9, 2025, the International Monetary Fund (IMF) released its Staff Report as well as a Press Release on the 2025 Article IV Consulation Discussions with the Kingdom of the Netherlands regarding Curaçao and Sint Maarten. The mission took place during June 18-25. The Staff Report has been prepared by a staff team of the IMF for the Executive Board’s consideration on a lapse of time basis, following ...
IMF Staff Concluding Statement of the 2025 Article IV Mission to Sint Maarten: Selected revenue measures would improve efficiency and equity of the tax system and create space for priority spending supporting Sint Maarten’s social development goals. The planned tourism levy and dividend tax are welcome steps towards lifting the island’s relatively low tax revenues (Sint Maarten)
On Tuesday, June 24, 2025, the Staff Concluding Statement of the 2025 Article IV Mission to Sint Maarten was published on the website of the International Monetary Fund (IMF). According to the Staff Concluding Statement, selected revenue measures would improve efficiency and equity of the tax system and create space for priority spending supporting Sint Maarten’s social development goals. The planned tourism levy and dividend tax, both to become effective ...
Short-term investment solution in transforming tax administration to take three years, Minister of Finance says (Sint Maarten)
The short-term investment of Naf.37 million in the Capital Account for Transforming the Tax Administration is divided into Naf.32 million for the upgrading of the Tax Department and another Naf.5 million for the necessary improvements in Public Financial Management as noted in the 2015 Kingdom Instruction, Minister of Finance Hon. Perry Geerlings said on Monday, according to a press release dated 26 June 2019 published on the website of the ...