On 24 February 2023, Aruba published an announcement from the Minister of Finance and Culture in the Official Gazette concerning an amendment made to the definition of related parties as part of the 2023 tax plan. As previously reported, the tax plan included amendments to the interest deduction limitation rules, which included, among other things, a change in the definition of related parties to provide that parties are deemed to be related, and as such the deduction limitation rules may apply, when one party holds an interest, directly or indirectly, in another of at least 1/25th (4%), reduced from 1/3rd...