Income compared to 2022
In the same period as 2022, the income totaled 469 million florins, which entails an increase of 11%
Below is an overview of the numbers:
|Ground lease||16 million||15 million|
|Retributions DIMAS||0.3 million||0.4 million|
|Stamps DIMAS||3 million||1 million|
|Premiums SVB||172 million||159 million|
|Premiums AZV||141 million||132 million|
|BAZV||127 million||109 million|
|Tourist tax ATA||58 million||51 million|
|Tourist tax TPEF||2 million||2 million|
|Total||519 million||469 million|
Factors that play a vital role
This income depends on Aruba’s economic development. These numbers also clearly show the effects of Aruba’s tourism and economic recovery numbers.
Another factor is the Tax Department’s hard work to improve compliance and the fiscal changes that took place effective January 1, 2023. The Tax Department’s staff and personnel are doing their utmost efforts to facilitate taxpayers to comply with their fiscal obligations. The ultimate goal is for all taxpayers to be aware of their tax duties and to comply on time to prevent additional fines or interest.
As Aruban citizens, we must comply with our responsibility to declare and pay our taxes for the well-being of us and our country. This way other entities like SVb can pay old age and orphan pensions, AZV can cover our medical costs, ATA can market product Aruba internationally, and TPEF can beautify the product Aruba locally. Finally to comply with your taxes is to comply with our Country.