Saturday , November 2 2024

Tourist tax and motor vehicle taxes on BES-islands

The Daily Herald reports that according to the overview in the 2014 draft budget of the BES Fund from which the Dutch public entities Bonaire, St. Eustatius and Saba are paid to cover their operational cost, 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 on Saba will yield about US $52,500 in 2013, which is less than the US $67,000 over 2012.

On Bonaire, the motor vehicle tax should generate US $2.5 million, which is the same amount as last year. The revenue of the stayover 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.
The stayover tourist tax on 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. The revenues of the motor vehicle tax in St. Eustatius will remain more or less the same this year in comparison to 2012 at an estimated US $259,000. The public entity also collects rental car tax (an estimated US $6,000 in 2013, the same as in 2012).

 

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