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for assistance, Supervisory Board President Benjamin Ortega said on Tuesday on behalf of the board. The Supervisory Board of the Chamber has also forwarded a letter to the Minister of Finance in connection with the SSRP. Part of the letter reads as follows: “The COCI and its members further highly appreciate the government’s willingness to provide direct support to eligible businesses and sole proprietors in the form of tax, payroll and/or income support under the Stimulus Plan. “Please note, however, that without the proper legislation being put in place, members of the business community have been expressing growing concerns on several ambiguities within the Stimulus Plan, such as on the legality of the exemptions made in Annex 1 and 2 of the Stimulus Plan; the continuation of the required payroll support in Q3 and Q4 as indicated in the Stimulus Plan, the composition and objectivity of the objection committee, and if – without the proper legislation being implemented – payments can indeed be effectuated lawfully and timely in the week of May 11, 2020. “It is for that reason, that COCI hereby kindly but urgently requests the Government of Sint Maarten to remove all current ambiguities by becoming: - “fully compliant with implementing and publishing the required legislation(s) and corresponding explanatory note(s) to formalize the Stimulus Plan (see, as example, the legislative process in respect of ‘Tijdelijke subsidieregeling loonkosten en inkomensverlies CN’, Stcrt. 2020, 19876). - “fully transparent on any possible difficulties in making payments available to eligible businesses under the Stimulus Plan in the week of May 11, 2020 and update the business community - without further delay - on the status of the legislative process concerning all aspects of the Stimulus Plan. “We await your response and thank you in advance for government’s efforts to ensure full compliance and transparency towards the business community,” the letter concludes. Source: Souliga Newsday
https://www.soualiganewsday.com/index.php?option=com-k2&view=item&id=31430:send-concerns-complaints-about-ssrp-economic-re-opening-plan-to-the-chamber&Itemid=450