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Aruba Announces Second COVID-19 Emergency Fiscal Plan

|Approved Changes|Aruba
Aruba

Aruba's tax authority has announced a second emergency fiscal plan in response to the COVID-19 outbreak. The measures include the following:

  • As a further tax incentive for the acquisition of business assets, the investment deduction for financial years 2020, 2021, and 2022 is increased from 6% to 10%, and the scope of eligible investments is extended to all investments in business assets in 20…

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