Fiscal measures associated with COVID-19

7 April 2020

Aruba has announced to following tax relief measures, which will be applicable for the months of April, May, and June of 2020 as a result of the coronavirus (COVID-19): 

  • an extension of time for the payment of specific monthly taxes due in the months April, May and June and solely for tourism-related sectors;
  • a waiver for employers' social security contributions relating to occupational disability insurance and national survivor benefits insurance (AOV/AWW) for tourism-related sectors;
  • an extension of time to file the 2019 corporate income tax return, which was originally due 31 May  2020, and is now due 30 November 2020;
  • an extension of time for payment on payment arrangements;
  • waiver of certain penalties and interest;
  • flexibility on payment plans;
  • discounts on lump-sum payment of outstanding tax debts;
  • an expansion of the beneficial policy on individual income taxation of dividends to dividend received from solely local capital entities to foreign-based capital entities; and
  • no execution of seizures.
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