Concern over sales tax hike Curacao

WILLEMSTAD--A group of storekeepers in Punda is concerned about the upcoming increase in Curaçao's OB sales tax for luxury products like perfume, jewellery and electronics from 6 to 9 per cent. They believe the measure will have far-reaching consequences.

 
For example, Central Bank will receive less foreign currency from tourists and government will actually miss out on revenues from sales tax. Only shops on board cruise ships and at the airport will benefit, because they can sell these luxury products tax-free.
 
It will also be more attractive to do business on Aruba, because the sales tax there is only 1.5 per cent.
 
Some businesses have already been compensating for the general sales tax having gone up from 5 to 6 percent with their branches on other islands, which has consequences for employment on Curaçao. The merchants are disappointed that entrepreneurs didn't have a say in the measure, which according to government is one of many to reorganise the public finances of Curaçao.
 
Late last year Minister of Finance José Jardim announced a 9 per cent sales tax on several articles and services per March 1, providing Parliament agreed.
 
According to a circulating draft list, it regards vehicles, with the exception of police cars and fire engines; yachts and other pleasure and sports boats; convenience food; soft drinks, with the exception of fruit juices; alcoholic beverages; tobacco; cosmetics and make-up; trinkets, jewellery and ornaments; perfumes, scents and lavatory fresheners; digital equipment for films, games and data; computers and peripheral equipment; mobile telephones and other communication means; weapons and ammunition; fireworks and Christmas trees.
Nine per cent sales tax will also be levied on the rental of vehicles, yachts and other pleasure and sports boats; recreational and entertainment trips by vehicles and boats; scuba diving; entrance fee to cinemas, expos, adult entertainment; permanent recreational facilities, expositions and exhibitions; rental of films and games; service charge in the catering industry, and on lotteries, lottery tickets, stakes on numbers and bingo.
There will also be a 7 per cent sales tax for insurances and -according to the draft list- accommodation in hotels, lodgings, pensions, apartments, houses, etc., but also timeshare and guest accommodations for short periods.
On the other hand several articles will be exempted from sales tax, such as water, gas and electricity, basic foods, medical services, public transport and non-commercial goods and services.

Familie van Mitch Henriquez distantieert zich van advocaat die Staat aansprakelijk stelt

THE HAGUE - De familie van de overleden Mitch Henriquez distantieert zich van de Arubaanse advocaat Edwina Henriquez die zegt dat de familie de Staat der Nederlanden aansprakelijk stelt voor de gevolgen van de dood van de man.

VanEps Kunneman VanDoorne awards 15th thesis prize

WILLEMSTAD - The VanEps Kunneman VanDoorne Thesis Prize of this year was won by Lydia Davelaar. The prize for the best graduation thesis from students at the Faculty of Law of the University of Curaçao was awarded by lawyer Rogier van den Heuvel on Monday, June 22.

Sint Maarten blogster Judith Roumou arrested

PHILIPSBURG – Well known SXM blogger and satirist Judith R. Roumou was arrested at her home early Tuesday morning, according to Sint Martin police spokesman Ricardo Henson on ‘several charges of verbal and written public defamation, stalking and insult’.
disclaimer | privacy
© Dutch Caribbean Legal Portal | Website by Blinq Web Studio