Na Upp Coalition Wants To Abolish Profit And Income Tax
~ plans to implement banking transaction tax.~
PHILIPSBURG:--- Minister of TEATT Ludmilla de Weever told parliament on Wednesday that the government is looking into abolishing profit and income tax while implementing a banking transaction tax. De Weever said abolishing profit and income tax will make St. Maarten far more attractive for investors than other islands in the region. The economic affairs minister said that the current taxing system is very burdensome to businesses that are suffering tremendously due to COVID-19 Read more
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