List with descriptions and codes of the turnover tax exemptions posted on facebook page Sint Maarten Tax Administration (Sint Maarten)

A list with the descriptions of the turnover tax (TOT) exemptions as of the amendments in the ‘TOT-ordinance’ (Landsverordening belasting op bedrijfsomzetten) effective as of 11 February 2011 has been published on the facebook page of the Sint Maarten Tax Administration. As per Decree, the TOT-rate has been increased from 3% to 5% as of 11 February 2011. In some cases an exemption for the TOT (belasting op bedrijfsomzetten, BBO) ...