Aruba raises Turnover Tax to 3%
- Apr 6, 2018 | Richard Asquith
Aruba is to increase its Business Turnover Tax ‘Belasting op Bedrijfsomzetten' from 1.5% to 3%. This rise will take place on 1 July 2018.
The indirect sales tax is levied on the supply of goods or services in the country. Unlike VAT, it is not charged on imports.
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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara