Tax office won’t accept requests for 2008 reduction of assessment

POSTED: 02/17/15 12:03 AM

St. Maarten – A request for the reduction of an assessment by virtue of the Inspector of Taxes for the various taxes and premiums: Income tax ; Wage Tax and Premium AOV/AWW, AVBZ ;  Turnover Tax ; Profit Tax ; Room Tax ; Car Rental Tax ;  Time Share Tax and any other, for the year 2008 and prior years will no longer be accepted nor processed by the Inspector of Taxes, the department announced yesterday.

Such requests for 2009 however may still be submitted. “A grace period will be granted until June 30, 2015 in which said request can be submitted. For the sake of clarity, a letter of objection against an assessment for the year 2009 can still be submitted, providing said letter is submitted to the Inspector of Taxes within two months of the date of the assessment notice,” the inspectorate explained.

Based on article 29 of the General ordinance on National Taxes a taxpayer can object to: a tax assessment imposed on him -a decision, subject to objection, based on this ordinance, taken by the Inspector of Taxes. The letter of objection has to be substantiated by arguments and must be submitted to the Inspector of Taxes within two months of the date of the assessment notice.

“A letter which is submitted to the Inspector of Taxes against an assessment outside of the aforementioned legal period, cannot be deemed a letter of objection, but merely a request to the Inspector of Taxes to reduce the assessment by virtue of the Inspector of  Taxes, based on reasons given. Article 12 of the General ordinance on Federal Taxes state that a tax assessment which is considered incorrect by the taxpayer, can be reduced by virtue of the Inspector of Taxes within five years after the origination of the tax debt.”

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