SURINAME: Personal Income Tax & Wage Tax updates 2023
January 6, 2023
Several tax measures were agreed upon in the Tripartite agreement of 24 November 2021. The parties to this agreement, namely the trade union, the business community, and the government, agreed to make changes to the Wage and Income Tax Act.
This agreement also included that upon the introduction of Value Added Tax (VAT), the tax brackets in the Wage and the Income Tax Act would be adjusted definitively.
On December 30th, 2022, the government, therefore, agreed to enforce the following changes in the Income Tax Act and the Wage Tax Act which you can read under downloads.