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Suriname hikes import sales tax

  • Jan 15, 2021 | Richard Asquith

The South American state of Suriname is to raise import sales tax from 10% to 12%. This is a short-term measure. Most domestically services are still taxed at 8%, except luxuries which are charged at 25%. Domestically supplied goods are subject to 8% sales tax.

The turnover tax is, in principle, due when remuneration is (partially) received. A tax return is filed within 15 days after the end of the specific month.

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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