Tax revenues have fallen more on the French side than on the Dutch side

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The losses in tax revenue over the first half of 2020 are less significant on the Dutch side than on the French side: the COM recorded a 19% drop in revenue (-9,3 million euros) and the Sint Maarten government by 11% (- $ 9,77 M or € 8,21 M *).

In the first quarter, revenues increased more on the French side (+ 18% against + 10%) but in the second quarter, they fell further (-45% against -32%).

The shortfall in the first quarter is $ 4,26 million (€ 3,57 million) and $ 14 million (€ 11,79 million) in the second quarter for the Dutch government. It is 3,66 M € and 13 M € for the Collectivité of Saint-Martin.

(soualigapost.com)

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