Accord signed to strengthen tax cooperation, enforcement St. Maarten



TUESDAY, 07 FEBRUARY 2012

PHILIPSBURG--An agreement to strengthen administrative cooperation on taxation was signed by Attorney-General Dick Piar, Chief Prosecutor Hans Mos, Acting Head of Fiscal Affairs Sissy Gonzalez-Fung and Head of the Tax Administration Geert Bergsma on February 1.

This agreement will contribute to the prevention and effective combating of tax fraud through cooperation and exchange of information relevant to the determination, assessment and collection of taxes, the recovery and enforcement of tax claims and the investigation or prosecution of tax matters.

Regular meetings are planned and a policy plan will be drafted with the priorities laid on investigation and prosecution of tax fraud cases.

The strengthened cooperation among the organizations will ensure better enforcement of the tax laws. This initiative is a prerequisite to further improve tax compliance, according to a government press release.