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Aruba raises Turnover Tax to 7% Jan 2023

Aruba is to raise its BBO turnover tax 1% to 2.5% from 1 January 2023. Combined with the Health Tax, BAZV, this will mean the consolidated sales tax burden will rise to 7%.

VAT will replace the existing 6% combined Turnover Tax (BBO) and Health Tax (BAZV). This is based on support from the OECD on the design of the new indirect tax. This rate will be increased to 7% from 1 January 2023.

Source vatcalc

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