GREAT BAY (DCOMM):--- On Wednesday, February 1st, an agreement with the purpose of strengthening administrative co-operation in the field of taxation was signed between the Attorney-General, the Chief Public Prosecutor, the acting Head of Fiscal Affairs and the Head of the Tax Administration Sint Maarten.
This agreement will contribute to the prevention and effective combating of tax fraud through co-operation and the exchange of information that is relevant to the determination, assessment and collection of taxes, the recovery and enforcement of tax claims and the investigation or prosecution of tax matters.
Regular meetings are planned and a policy plan will be drafted with the priorities being laid on investigation and prosecution of tax fraud cases.
The strengthened co-operation between the different organizations must ensure better enforcement of the tax laws. This initiative is a prerequisite to further improve tax compliance.
