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St Martin News Network - Land or property tax for who all exactly?

Published: 29 July 2021 PHILIPSBURG: -  Member of Parliament Claudius Buncamper is questioning who the suggested property tax will apply to. This quarry comes at the heels of the presentation in Parliament by CFT which stated that Property Tax should be implemented in St. Maarten. “I was somewhat surprised at the hard stances several MP’s have already taken regarding the land tax or property tax issue. While the CFT stated clearly that the recommendation of the IMF to impose some sort of land or property tax is understandable, because of its consistency on the books, I strongly believe we need to put that in perspective and explain what is expected from such a tax”.

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