The Personal Income Tax Rate in Aruba stands at 59 percent.

Personal Income Tax Rate in Aruba averaged 59.22 percent from 2004 until 2018, reaching an all time high of 60.10 percent in 2005 and a record low of 59 percent in 2007. This page provides - Aruba Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Personal Income Tax Rate in Aruba is expected to be 59.00 percent by the end of this quarter, 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 59.00 percent in 2020, according to our econometric models.

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Aruba Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.00 59.00 60.10 59.00 2004 - 2018 percent Yearly

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.