Category: Aruba

Global inflation concerns pushes introduction of VAT back further year; 1% turnover tax rise in meantime The Dutch Caribbean dependency has delayed the introduction of VAT a further year to 1 January 2024. The latest postponement was announced based on global inflation worries and the

Dutch Caribbean dependancy joins Value Added Tax club in exchange for COVID-19 funding The Caribbean island of Aruba is to introduce a Value Added Tax at 12.5% from January 2023. This will replace the existing 6% combined Turnover Tax (BBO) and Health Tax (BAZV). This