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Steep rise in St. Eustatius tourist tax revenue


THE HAGUE–The stay- over tourist tax in St. Eustatius will be yielding an estimated US $127,000 this  year, an increase of some 400 per cent compared to 2012. St. Eustatius has a new stay-over tourist ordinance  and a new method of calculating this tax. In 2012 this tax yielded about US $25,000, but in 2013 this amount is expected to be a lot higher at US $127,000, it  became clear from the 2014  draft budget of the BES Fund, the fund from which the Dutch public entities Bonaire, St. Eustatius and Saba are paid to cover their operational cost.

As a result of the higher tourist/hotel tax, the total making revenue of local taxes for 2013 for St. Eustatius will increase to an estimated US $392,000. Last year, the local taxes yielded about US $290,000, which is 35  per cent less. The revenues of the motor vehicle tax in St. Eustatius US $259,000.

The public entity also collects rental car tax (an estimated US $6,000 in 2013, the same as in 2012).  According to the overview in the 2014 draft budget of the BES Fund, the three public entities together should collect more than US $8.9 million in local taxes in 2013. The vast majority, close to US $8.6 million, will be generated in Bonaire.  Saba has the lowest revenue of local taxes in 2013 at US $168,000.

This is lower than the US $192 million that was collected in 2012 or 12.3 per cent less. The stay-over tourist tax in Saba will yield about US $52,500 in 2013, which is less than the US $67,000 over 2012. In Bonaire, the motor vehicle tax should generate US $2.5 million, which is the same amount as last year. The revenue of the stay- over tourist tax for 2013 is set at US $2.2 million, the same as in 2012. Bonaire has a property tax, which should yield some US $2.2 million in 2013, identical to the 2012 amount.

Source: The Daily Herald, St. Maarten

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