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.