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 VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He can be contacted at: richard.asquith@avalara.com. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.