Efforts To Increase Tax Compliance Fail
Audit Chamber report Optimizing Tax Revenue
St. Maarten – All efforts to increase tax compliance and tax revenue during the past three years have failed. This appears from the performance audit Optimizing Tax Revenue the General Audit Chamber published last week.
The Finance Minister in the first Wescot-Williams cabinet, Hiro Shigemoto, stated in the 2011 budget “that improvement of the functioning of the organization for assessment and collection together with the introduction of a simplified system should lead, in the coming years, to an additional 20 million guilders in tax revenue Read more
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