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Govt will not increase TOT says finance Minister

Written by  Steven Cyrillien Published in Island Financial font size decrease font size decrease font size increase font size increase font size Print Email Be the first to comment! Wednesday, 12 September 2012 14:51
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PHILIPSBURG, St. Maarten - Minister with the responsibility for Finance, Roland Tuitt made it emphatically clear that government does not have any intention to raise the Turn over Tax (T. O. T).

However, speaking at the weekly press conference on Wednesday and in addressing that subject, the Finance Minister, stated that a new tax structure was being developed and within the new structure, they have no intention to raise any taxes, but rather to move from direct taxes to indirect taxes.

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Last modified on Thursday, 13 September 2012 21:02
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