Aruba Parliament Considering Extension of Indirect Taxes to Imports
The Aruba government submitted draft legislation in parliament on 26 May 2023 that provides for the extension of indirect taxes to imports with effect from 1 July 2023. The indirect taxes include turnover tax (BBO) at a rate of 2.5%, health tax (BAZV) at a rate of 3.0%, and additional funding tax for public private partnership projects (BAVP) at a rate of 1.5%, resulting in a total tax rate of …
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