Dear client, In our email below, we informed you on a new measure announced by the Aruba government to deal with the Corona crisis: a temporary scheme for emergency salary subsidies, known as “NOW”. At a press conference last Friday, the government announced...
Dear client, As I explained in my email of April 20, the Aruba government is working on a temporary scheme for emergency salary subsidies. In addition to this scheme, the government has now announced a financial aid scheme for small and medium-sized enterprises...
Dear client, In our email of March 26, we informed you on the measures announced by the Aruba government to deal with the Corona crisis. Those measures included a monthly allowance of AWG 950 for individuals suffering a loss of or significant drop in...
Dear client, At its daily press last Friday, Aruba’s government announced a series of tax measures aimed at helping companies and individuals in Aruba who have been impacted by the coronavirus. Yesterday, a description of those measures was posted on the website of the...
Dear client, Flexible labor laws and temporary emergency fund (FASE) On March 19, the Aruba government announced a series of measures to deal with the Corona crisis, including flexible labor laws and a monthly allowance of AWG 950 for individuals suffering a loss...
Dear client On January 18, 2019, we informed you on the beneficial tax policy, under which the personal income tax rate for dividends was reduced from 25% to 10%. This reduced rate applies only to dividends distributed in 2019, from profit reserves that arose...
Dear client, Transactions between associated companies must be conducted on terms that would have been agreed between independent companies also. For example, the interest charged on a loan from a parent company to its subsidiary must be at arm’s length. The terms for...
Dear client, Please be informed that the deadline for filing (and payment) of the 2018 final corporate income tax return is December 9, 2019. If you wish us to prepare and file this return on your behalf, we kindly request you to send us...
Dear client, From January 1, 2020, all monthly tax returns can be submitted digitally to the Tax Authorities via the online portal "BO Impuesto". With the introduction of this portal, after a short and yet to be determined transition period, the paper tax return...
Dear client, In the emails below, we informed you of the government’s plans to reform the Aruban tax system. We also explained that the reform would be carried out in phases. Further details have now been released of changes in further phases. These changes...