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Aruba raises Turnover Tax to 3%

  • GST
  • 07 April 2018 | Richard Asquith

Aruba raises Turnover Tax to 3%

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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Aruba raises Turnover Tax to 3%
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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...

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 is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.