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Government busy with calculations to determine maximum prices for controlled items.

July 6, 2022

Government busy with calculations to determine maximum prices for controlled items.
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PHILIPSBURG:--- Acting Minister of TEATT Omar Ottley said that the government of St. Maarten is still awaiting documents from business owners in order to establish the maximum prices for controlled goods.
Asked by SMN News if the government took into consideration the landing tax that businesses pay for each container with imported goods along with their other expenses to operate a business on the island.
Several business owners said they have to pay close to $1,500.00 in landing tax, a high amount to NV GEBE since the commercial rate for electricity for businesses is way higher than usual. The ...


To read more: https://www.smn-news.com/index.php/st-maarten-st-martin-news/40814-we-hope-we-can-give-the-people-the-stability-they-need-pm-jacobs.html

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Source: https://www.smn-news.com/index.php/st-maarten-st-martin-news/40813-government-busy-with-calculations-to-determine-maximum-prices-for-controlled-items.html

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