Published On: Tue, Aug 26th, 2014

Government misses out on 11 million per year in unpaid taxes

Curacao ParliamentWILLEMSTAD - Almost 11.5 million guilders in taxes go unpaid by mini markets and restaurants per year. This is according to the figures released by the Tax Accountants Bureau (BAB), which was presented to members of the Standing Finance Committee of Parliament.

BAB indicates that of this total amount, 5.5 million guilders come from unpaid sales taxes, while 6 million guilders should come from income and profit taxes.

The presentation also revealed that it matters when auditors from the BAB are present. There was an example of a mini market discussed, where the day before the spot check it made ​​a turnover of 482.18 guilders, but on the day of the inspection the BAB inspectors noted a turnover of up to 1300 dollars.

Some of the MPs believes that those who love their country should lend a hand and pay their taxes. According to the MPs representing the Pueblo Soberano party, the government should adopt a program just like the Public Prosecution is currently doing to disarm the island. “Let’s call it disarm Curaçao and fill up the treasury!”

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