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10% Value Added Tax to be implemented in Suriname

The National Assembly (DNA) late Tuesday gave the green light to the Dutch-speaking Caribbean Community (CARICOM) implementing a 10 per cent value added tax (VAT) even as several business organisations, including the Suriname Business Associati

Suriname introducing VAT in 2023

PARAMARIBO  – The National Assembly (DNA) late Tuesday gave the green light to the Dutch-speaking Caribbean Community (CARICOM) implementing a 10 per cent value added tax (VAT) even as several business organisations, including the Suriname Business Association (SBA), the Chamber of Commerce and Industry (CCI) and the Association of Surinamese Manufacturers (ASM) had urged legislators to approve a lesser VAT. By a vote of 26 to 12, with the main …

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