KRALENDIJK – The Public Entity of Bonaire (PEB) has officially responded to the internet consultation on the proposed BES Fiscal Law 2027. With this law, the Dutch government aims to modernize and clarify tax regulations for Bonaire, Saba, and St. Eustatius. The proposed changes affect a wide range of sectors, including tourism, agriculture, housing, and small businesses.
The OLB stressed the importance of using the local situation as a starting point. The government described the proposed increase in property tax for hotels as insufficiently substantiated and called for further research before such a measure is introduced. On a more positive note, Bonaire welcomed the exemption from the General Expenditure Tax (ABB) for local agricultural products, which could help reduce the cost of living and strengthen the island’s self-sufficiency.
The housing market also received attention. The PEB advocates for measures to support first-time buyers, such as a lower transfer tax on affordable homes. It also warned against plans to send official collection letters by post, given the unreliable postal services on the islands.
According to the OLB, stricter rules on customary wages would disproportionately affect small entrepreneurs, and the government is calling for fairer and simpler standards. Finally, Bonaire noted that current regulations regarding official vehicles are overly complex and emphasized the need to work with the Ministry of Finance on practical solutions.
Influence on legislation
The EPB stated that the consultation demonstrates a unique opportunity for the BES islands to make their voices heard. By responding in time, Bonaire can exert influence on the final legislation and ensure that it better reflects the realities of the islands.
