St. Maarten Makes Meetings 100% Tax Deductible
Business Travel Executive Redline News, 7/16/2007
The island of St. Maarten/St. Martin, located approximately 150 miles southeast of Puerto Rico, has implemented the "Tax Information Exchange Agreement" with the United States. This tax initiative allows U.S. taxpayers to claim a tax deduction for the expenses associated with a convention held on the Dutch half of the island to the same extent as a convention held in the US. This means many of the expenses incurred through international travel to events such as meetings, conventions, seminars and exhibits that are held in Dutch St. Maarten are now 100 percent tax deductible.