PHILIPSBURG:--- The Tax Department would like the public to know that there has been a change in the tax legislation for all Foundations, Associations, and Trusts (FA and T), as of January 1, 2015, these entities have to pay profit tax.
This profit tax legislation regarding the FA and T entities is valid even if the FA and T is not conducting a business. The profit tax is excluded from those FA and T entities that deal exclusively with serving a general public interest. (See article 1 of the Profit Tax Ordinance, as amended in A.B. 2014- 7)
The Tax Department said that FA and T entities must file their Profit Tax returns as of fiscal year 2015. The provisional Profit Tax return must be submitted before April 1, 2016 and the final Profit Tax return must be submitted before July 1, 2016.
A copy of the financial statements for the relevant year must be submitted with the final tax return, said the Tax Department. The tax forms will be available online as of February 1, 2016 via http://onlineservices.sintmaartengov.org. Failure to file the tax returns can result in a fine of up to NAf 2.500.
The Tax Administration urges all Foundations, Associations and Trusts that have not yet registered at the Tax Administration, to do so as soon as possible, in order to avoid fines.
For more information, you can contact the Tax Administration, Inspectorate Department, Vineyard Building, Buncamper road 33, at 5422143, 5425301, 5425304, 5423839 or via This email address is being protected from spambots. You need JavaScript enabled to view it..