The Aruban Department of Taxes Dec. 13 announced income tax rates for 2024. The rates include: 1) a zero percent tax rate for income below 30,000 Aruban florin (US$16,644); 2) a 10 percent tax rate for income above 30,000 florin, but below 34,930 florin (US$19,379); 3) a 21 percent tax rate for income above 34,930 florin, but below 63,904 florin (US$35,700); 4) a 42 percent tax rate for income above 63,904 florin, but below 135,527 florin (US$75,190); and 5) a 52 percent for income above 135,527 florin. [Aruba, Department of Taxes, 12/13/23]
Reference: View Announcement. View Index.
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.