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Aruba Tax Reform Plans Include Introduction of VAT

|Proposed Changes|Aruba
Aruba

Aruba is reportedly planning to introduce several tax reforms to improve the tax system overall, including a shift from direct to indirect taxes. This will include the introduction of a VAT regime with a standard rate of 12.5% that will likely be implemented from 2023. The plans also include reforms for expanding the tax base, improving tax authority performance in collections, and making other…

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