Aruba's Minister of Finance, Economic Affairs and Culture has reportedly issued a beneficial policy for the reduction of dividend income taxation for individuals in 2019. The policy provides that the individual income tax rate on dividend income is reduced to 10%, subject to the following conditions:
- The dividend is paid by a company established in Aruba whose capital is divided into shares;
- The dividend is paid out of retained earnings accumulated prior to 2019; and
- The dividend is paid in …