Aruba Personal Income Tax Rate2022 Data - 2023 Forecast - 2004-2021 Historical

Name: Aruba Personal Income Tax Rate
Creator: TRADING ECONOMICS
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Keywords: Aruba,Personal Income Tax Rate,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

The Personal Income Tax Rate in Aruba stands at 52 percent. source: Ministerio di Finansas, Comunicacion, Utilidad y Energia

Personal Income Tax Rate in Aruba averaged 57.70 percent from 2004 until 2022, reaching an all time high of 60.10 percent in 2005 and a record low of 52 percent in 2019. This page provides - Aruba Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Aruba Personal Income Tax Rate - values, historical data and charts - was last updated on January of 2023.

Personal Income Tax Rate in Aruba is expected to reach 52.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Aruba Personal Income Tax Rate is projected to trend around 52.00 percent in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Personal Income Tax Rate	52.00	52.00	percent	Dec 2022
Corporate Tax Rate	25.00	25.00	percent	Dec 2022
Sales Tax Rate	3.00	3.00	percent	Dec 2022

Aruba Personal Income Tax Rate

In Aruba, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Aruba.