Policy on the Reduced Rate on Dividend Payment Extended
Tax Newsflash Aruba
On December 20, 2019, the Minister of Finance, Economic Affairs and Culture announced extension of the beneficial policy on the reduced rate of 10% for individual income tax on dividends paid out in 2020. This measure is intended to increase shareholder liquidity that can be used for the development of new activities which give an extra boost to the economy of Aruba.
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