Suriname has reportedly approved the introduction of a solidarity tax with effect from 1 February 2021 to fund the government's response to the COVID-19 pandemic. The solidarity tax is levied at a rate of 10% in addition to standard tax rates for both individuals and companies with taxable income exceeding SRD 150,000. In addition to the solidarity tax, the sales tax rate on imported goods is increased from 10% to 12% with effect from 1 February 2021.