The ToT is an indirect tax with the character of a consumption tax. Therefore the ToT is supposed to be included in the prices.
Therefore the ToT should not be stated separately on the bill, invoice or receipt.
Based on the intent of the law the former Inspectorate of Taxes of the Netherlands Antilles informed various businesses that the ToT should not be stated separately on the bill, invoice or receipt.
A Ministerial Regulation has been drafted making it a punishable offence for the placement of the ToT separately on the bill, invoice or receipt and will be punished with a fine of maximum Naf.5,000.00 per bill, invoice or receipt.
Pending the publication and implementation of the Ministerial Regulation the Tax Department wishes to caution businesses to start making the necessary adjustment to their administration.
