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November 2020 Newsletter

*|MC:SUBJECT|* *|MC_PREVIEW_TEXT|* CATC-HCC Newsletter November 2020 Below are some highlights for this month. If this newsletter was shared to you, and you would like to receive it to your inbox, please subscribe here. Feedback Share Share Tweet Forward DO NOT DELAY - 2019 Profit Tax Deadlines CATC-HCC is prepared to assist your business file these [...]

2020-11-06T09:16:57-04:00November 5th, 2020|

NEWSFLASH: Fiscal Relief part 2 related to COVID-19

The Minister of Finance announced on 27 October 2020 part 2 of the (temporary) tax relief measures in connection with COVID-19 in order to re-activate the Aruba Economy. Below we provide you with the different measures introduced which are effective as of 1 November 2020. Please note that the dates of the applicability of the [...]

2020-11-02T16:44:03-04:00October 29th, 2020|

October 2020 Newsletter

*|MC:SUBJECT|* *|MC_PREVIEW_TEXT|* CATC-HCC Newsletter October 2020 Below are some highlights for this month. If this newsletter was shared to you, and you would like to receive it to your inbox, please subscribe here. Feedback Share Share Tweet Forward ARUBA'S FIRST! Quickbooks ProAdvisor since 1995 Why choose a QuickBooks ProAdvisor?  QB ProAdvisors are certified by Intuit's [...]

2020-10-06T08:02:50-04:00October 1st, 2020|

September 2020 Newsletter

*|MC:SUBJECT|* *|MC_PREVIEW_TEXT|* CATC-HCC Newsletter September 2020 Below are some highlights for this month. If this newsletter was shared to you, and you would like to receive it to your inbox, please subscribe here. Feedback Share Share Tweet Forward The Best Price does not equal the Best Product or Service Two products, two customers. Every product [...]

2020-10-06T08:08:19-04:00September 2nd, 2020|

Mandatory Reporting to Central Bank of Aruba

As of September 2020, holders of foreign assets and liabilities accounts have mandatory weekly and monthly reporting requirements to the Central Bank of Aruba (CBA).  Let us assist you with reporting the foreign exchange commission for payments abroad to CBA. Introduction of mandatory weekly and monthly Foreign Assets and Liabilities Accounts Reports  Following the adverse economic and financial [...]

2020-09-30T13:54:26-04:00August 31st, 2020|

Does a Tenant Have to Pay Rent During COVID-19?

Excerpts and reference to a recent Kock Advocaten newsletter in regards to a business lease tenant of a business that has been closed as a government requirement due to COVID-19 preventative measures. A frequently asked question is, "Does the (business) tenant have to keep paying the rent during this period?" "On the one hand, the [...]

2020-10-06T11:37:08-04:00August 31st, 2020|

2019 Personal Income Tax Declaration Forms are Issued

On September 1st, the Aruba Tax Department will issue the personal tax declaration forms for the 2019 tax calendar year. Are you prepared? CATC-HCC is, join us to get ready. The 2019 personal income tax declaration forms are issued The date of issuance is September 1, 2020. The Aruba Tax Department informs that the 2019 [...]

2020-09-30T13:56:16-04:00August 28th, 2020|

Mortgage Interest on Aruba is High, but Why?

A recent article in the Antilliaans Daglblad addressed the high mortgage interest typically found in Aruba. "Pearl white beaches, crystal clear sea, ice-cold beers, and high mortgage interest." The first three are common references of Aruba, but not the last one - high mortgage interest. "A higher interest rate on governments are the reasons for [...]

2020-09-30T15:20:26-04:00August 20th, 2020|

August 2020 Newsletter

*|MC:SUBJECT|* *|MC_PREVIEW_TEXT|* CATC-HCC Newsletter August 2020 Below are some highlights for this month. If this newsletter was shared to you, and you would like to receive it to your inbox, please subscribe here. Feedback Share Share Tweet Forward Let our professionals do it for you! Bookkeeping, Payroll, and Taxes can be time-consuming chores to businesses [...]

2020-10-06T10:54:34-04:00August 3rd, 2020|

Stop Struggling with Cash Flow

Has COVID-19 made your business struggle with cash flow? The Corporate finance and Audit Department can help you by offering assistance, including: Accurately manage the cash flow Request for a temporary loan Sale of the company The Corporate Finance & Audit Department can assist you in working on a plan to optimize your cash flow. [...]

2020-07-23T17:53:45-04:00July 23rd, 2020|