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Aruba Extends Beneficial Policy on Dividends Taxation for Individuals

|Approved Changes|Aruba
Aruba

A beneficial policy announcement from Aruba's Ministry of Finance and Culture was published in the Official Gazette on 4 November 2022, which extends the beneficial policy for the reduction of dividend income tax for individuals. First introduced in 2019 and subsequently extended in response to COVID-19, the beneficial policy provides for a reduced tax rate on dividends of 10%. As extended in the latest announcement, the beneficial policy provides that dividends distributed from profit reser…

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