Published On: Tue, Apr 23rd, 2013

Supermarkets: differentiated sales tax-rate is a problem

SupermarketWILLEMSTAD - Several supermarkets in Curacao indicate that the implementation of the three different sales tax rates will bring in quite some work for them. It is also unclear exactly which products fall under which sales tax-tariff. Stores are required to indicate, during a transition period, from May 1 to December 31, with every product on the shelf both the price with and without the sales tax. Starting May 1, the sales tax-differentiated tariff will be introduced.

According to some supermarket owners, this new measure will bring them into a lot of trouble. They will also have extra expenses in changing their systems. They also request more information from the Government on how the new system works.

Supermarket owners have also sent a warning to the Government about minimarkets, especially those owned by Chinese people. According to the owners, these minimarkets do not include the sales tax in their prices making it an unfair competition for them. They also pointed out that these minimarkets do not adhere to the rules of when to close the store or when to open. They are always open, even on holidays. This is also unfair competition, according to the supermarket owners.

 

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