St. Maarten Private Eye

Tax Talk

In a previous edition of the “Today” newspaper of March 29, 2008, a headline read “Verdonk: The Netherlands also responsible for bankruptcy Antilles”. But it is clear from the date of the Dutch document that follows, that the contents were forwarded to the local politicians and even some politicians on federal level. In 1990, the Netherlands amended their tax legislation to bring it more in line with the realities of the time. The present bankruptcy ordinance was written in 1931. The collection laws were written in the 1940’s. In spite of the booming economy, most businesses have their assets registered in offshore companies in other territories. The present collection legislature is not geared toward reality. The local government has not seen it fit for the last 25 years to invest in personnel, training and systems. The Island Council has not seen it fit to rewrite the Collection ordinance of 1970 in spite of the difficulties faced by the Receiver’s Office. The inability to ammend or lack of interest to rewrite the Collection ordinance of 1970, has cost the society immensely. There is no money to pay for infrastructural improvements, the environment is being destroyed, poverty and crime is on the rise. See below:

Business and Labor | Constitutional Change | Dutch Politics | Federal Politics | Island Politics | sybille's blog | 11 comments | read more

Small Businesses appeal new Licence requirements

If you are a small business owner and and don't have a Kingdom of Holland passport, then the following rules now apply when requesting your director's license, your residence and work permits too.

To renew their residence permits, foreign directors have to prove that they earned a salary of at least NAf. 75,000 per year during the preceding year and have proof that the business has an annual turnover of at least NAf. 500,000. Also, the foreigner has to have suitable accommodations by either owning a house valued at a minimum of NAf. 275,000 or renting a home for at least NAf. 2,250 per month.

Can you meet those requirements? No? Then read this.. If you can't be at the Chamber of Commerce meeting next week (when is it?) then you can find their phone and email contact info here.

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Business and Labor | Immigration | Island Politics | Dr. Voodoo's blog | 5 comments | read more

See No Evil, Speak No Evil, Hear No Evil- Ignorance is Bliss?

Who gives a damn what we say? Are they listening to us? Do they really care?
Who will they blame next when SXM becomes a country?

It was a pitiful sight to see how our Commissioners behaved before the Dutch? Like the picture above, Roy had his hand over his mouth, Louie had the SXM flag over his eyes and Theo became deaf after he fell in a pothole. The others suffered immediate amnesia.

The headlines below confirm that we are doomed under the Democratic Party.
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Business and Labor | Climate Change | Development and Construction | Environment | Health | Justice Police Crime | Tourism | sybille's blog | 26 comments | read more