Published On: Tue, Oct 1st, 2013

Pricing starting today with sales tax

SupermarketWILLEMSTAD – Every store on the island is not obligated to state the prices of their goods and services with sales tax included. The new pricing was already adopted on May 1 of this year. Store owners were not able to comply with this new law on such a short term and it was proposed by the Minister of Finance to postpone this change until October 1, 2013.

On Curaçao it has been the habit for years now to label prices on products and services without sales tax. Consumers did not know what the final price will be after sales tax. Therefore suppliers are really obligated to include the sales tax on the price labels. This will be according to the percentage categories adopted by Parliament earlier this year.

 

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