BBO BAZV BAVP “at the border” effective as of August 1st, 2023!
With the introduction of the BBO at the border, Customs will charge all importers, both traders and private individuals, the 7% BBO/BAVP y BAZV of the customs value as soon …
What you need to know about the changes in the Aruba tax code effective January 1st, 2023
Introduction The Aruba tax regime is being modified and simplified in stages. As of January 1st, 2023, certain changes went into effect. The most relevant changes are discussed in this …
Corona: Tax Relief (Alivio Fiscal 2020)
Tax relief introduced by the Aruba government for affected businesses and individuals
The Aruba Income Tax further reduced as per January 1st 2020
The Aruba Tax Regime is currently being reformed. Changes have been proposed to the turnover tax (BBO), personal income tax / wage tax, profit tax, ground tax among others. Some …
Proposed changes to the Aruba Tax Regime as per January 1st, 2020
Introduction In the first week of September, the Aruba Tax Office presented the Aruba business community with the proposed changes to the Aruba Tax regime as per January 1st, 2020. …
The new Aruba Property Tax
General As per January 1st of 2019, the first phase of the amendments to the Aruban fiscal regime was implemented, which includes the amended Aruba property tax. Property tax is …
New zero tolerance policy of the Aruba tax office and good public governance rules
New ‘zero tolerance policy’ It appears that the Aruba tax office has implemented a ‘zero tolerance policy’ on the timely payment of sales taxes (belasting op bedrijfsomzetten BBO, belasting azv …
Wijziging van de Lv beroep in belastingzaken (AB 2001 no. GT 12)
Inleiding De Landsverordening beroep in belastingzaken is per 1 januari 2015 op een aantal niet onbelangrijke punten gewijzigd. De belangrijkste wijzigingen zullen hierna de revue passeren. De situatie tot en …
Voldoening op Aangifte Systeem [VAS]: the new Profit Tax regime for Aruba as per January 1st, 2016!
Introduction Amongst others in order to improve the investment climate in Aruba, the Aruban Government announced and applied the so-called ‘beneficial policy’ (begunstigend beleid) as per June 28, 2013. In …
The Private Foundation and Estate Planning
Introduction The bill for a renewed Aruban Civil Code is currently pending approval. The bill includes a new Section (2) for a fully refurbished corporate law code, which will replace …