• Tax relief measures (Part 2)
    The Tax Department has recently introduced part 2 of their tax relief measures to help restore the Aruban Economy which is still suffering from the COVID-19 pandemic. These measures will be applied starting November 1, 2020. Below you can find some of the most important tax relief measures. 1) Expansion and increase of investment credit… Read more: Tax relief measures (Part 2)
  • COVID-19 Tax relief measures
    At the end of March 2020, the government introduced a series of tax relief measures to stimulate the economy in light of the COVID-19 virus outbreak. Below you can find some of the most important tax relief measures. Please note that most of these measures currently only apply on the taxes due over the months… Read more: COVID-19 Tax relief measures
  • Tax reform – Phase 1
    The year 2018 is gone and as you may have heard or read, the government has introduced new legislation that will affect your businesses and personal income starting January 1, 2019. In this article we will discuss some of the most important changes that were introduced in this first phase of the tax reform. BBO/BAZV/BAVP… Read more: Tax reform – Phase 1
  • BBO vs sales tax
    BBO vs sales tax Due to the recent increase of the BAZV tax and the introduction of the BAVP tax there is renewed confusion and discussion as to what the BBO really is and how to deal with it. In this short article we’ll try to explain this by comparing it to the US sales… Read more: BBO vs sales tax
  • Crisis levy and other tax measures
    On May 22, 2018 the parliament of Aruba passed a legislative bill by the name “introduction crisis levy and other tax measures”. This bill aims to temporarily generate additional tax revenues for the government by (1) introducing a new tax to cover so-called PPS projects and (2) to increase the BAZV tax. These two measures… Read more: Crisis levy and other tax measures
  • Introducing a new and refreshed logo
    It is with great pleasure that we present to all our clients After more than 30 years with the same logo it was time to refresh our image with a new look. The transition to this new logo will take place gradually starting naturally with this newsletter and our website and move on to our… Read more: Introducing a new and refreshed logo