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CATC-HCC Newsletter

October 2020

Below are some highlights for this month. 
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ARUBA’S FIRST! Quickbooks ProAdvisor since 1995

Why choose a QuickBooks ProAdvisor? 
QB ProAdvisors are certified by Intuit’s rigorous certification training and exams. 

Our firm has the most experienced Quickbooks ProAdvisors to handle all your accounting and payroll needs.
Now offering cloud-based Quickbooks solutions.

ARUBA • BONAIRE • CURAÇAO • ST. MAARTEN

Important Aruba Tax Deadlines

15-OCT-2020: Declaration and payment of wage tax and social premiums, BBO / BAVP , BAZV , tourist tax, special tax residence permit and play right
 
02-NOV-2020: Statutory filing date for 2019 income tax return
 

30-NOV-2020: Submitting 2019 profit tax return with payment
 
02-DEC-2020: Deadline for submitting income tax returns 2019 in the case of postponement 

Mandatory Reporting to Central Bank of Aruba

Click here. 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.

Government of Aruba (GOA) bond issue on September 29, 2020.

  1. Amount: Afl. 40,000,000.00 Coupon rate: 5.30 percent Maturity: 7 years Redemption date: September 29, 2027
  2. Amount: USD 50,000,000.00 Coupon rate: 5.30 percent Maturity: 7 years Redemption date: September 29, 2027

Source: cbaruba.org

ACCOUNTING • CORPORATE FINANCE • PAYROLL • TAX & LEGAL