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Sint Maarten Considering Tax Reforms Based on IMF Recommendation

|Proposed Changes|Sint Maarten
Sint Maarten

The Sint Maarten Government is reportedly considering a number of tax reform measures based on recommendations from the International Monetary Fund (IMF). Measures include:

  • A reduction of the top individual income tax rate from 47.5% to 35%;
  • A reduction of the corporate income tax rate from 34.5% to 15% or 25%;
  • The repeal of the land tax, inheritance tax, dividend withholding tax, surtax, room…

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