Aruba Publishes Individual Income Tax Table for 2021 Including Rate Cut
Aruba has published the individual income tax / wage tax table for 2021, which includes a 2% reduction in the first and second brackets as compared to 2020, while the bracket thresholds remain the same. The brackets and rates for 2021 are as follows:
- up to AWG 34,930 - 12%
- over AWG 34,930 to 65,904 - 23%
- over AWG 65,904 to 147,454 - 42%
- over AWG 147,454 - 52%
Tax is calculated according to …
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