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 personal income tax declaration forms are issued. In the upcoming days, all taxpayers subject to personal income tax will be receiving the 2019 personal income tax declaration form by mail.

Official date

The official date of issuance is September 1, 2020. According to the law, all taxpayers have 2 months after the date of issue to file the personal income tax return. The last day to file the 2019 personal income tax return is November 2, 2020.  

Extension

Besides the legal period of two months, the Aruba Tax Department is granting an extra month to file the 2019 personal income tax return. The final date to file the 2019 personal income tax return is December 2, 2020. No official request for an extension has to be filed.

Documents

The Aruba Tax Department advises to start collecting all necessary documents related to the income and cost of 2019, for example: annual salary, pension, income related to the renting of property, income related to side-jobs, bank (mortgage) interest letter and/or (mortgage) interest letter from other institutions, life insurance, proof of donations made, proof of cost made related to the studies of children studying abroad, etc.

Clients with sole proprietorship will also have to prepare their 2019 financial statements. In case the client is not able to prepare the financial statements, it is recommended to look for an advisor.

Legal obligation

Preparation and filing of the personal income tax return is a legal obligation. When preparing and filing the return on time, the client avoids receiving an (estimated) assessment including penalties.

Moreover, when filing the personal income tax return the client has the opportunity to make use of his right to deduct costs made.

 

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