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Aruba Initiates Fiscal Reforms Including VAT System

22 February 2022

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Proposed Changes

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Aruba

The Aruba government has announced that the Tax Department has been instructed to initiate the process for fiscal reforms, which includes the adoption of a VAT system. The adoption of a VAT system was one of the conditions that Aruba agreed to in order to received funding from the Dutch government, which was needed as a result of the impacts of the COVID-19 pandemic. The Tax Department is organizing multiple stakeholder meetings from 22 February to 4 March 2022 to share information about the entire process that led to the fiscal reform, what will follow, and the importance of the...