Aruba raises Sales Tax July 2018
- Jun 1, 2018 | Richard Asquith
Aruba’s parliament has passed a rise in sales tax. The existing 1.5% business turnover tax will rise to 3%. The country’s health tax will rise from 2% to 3%, taking the total turnover tax burden 6%.
There will be a new crisis levy of 2.5%.
The new rates will apply from 1 July 2018, and are designed to reduce the government’s stubborn 3.9% deficit and debt burdens.