Country-by-Country Reporting (CbCR) is an essential component of international tax compliance for multinational enterprises (MNEs). Although Aruba is not an OECD member, it has committed to implementing international tax standards, including those related to Base Erosion and Profit Shifting (BEPS). This article provides Chief Financial Officers (CFOs) and financial executives with a detailed understanding of the CbCR requirements in Aruba, including applicability, filing procedures, and penalties for non-compliance.

Applicability of CbCR in Aruba

Criteria for Reporting:

Aruba follows international standards in tax reporting but has not yet implemented a formal CbCR requirement identical to that of OECD countries. However, MNEs with operations in Aruba must stay informed, as changes can occur, particularly given Aruba’s commitments to international tax transparency.

If Aruba-based entities are part of an MNE group that meets the consolidated group revenue threshold of €750 million or more, they should be aware of potential obligations under CbCR in other jurisdictions where the group operates.

Relevant Legislation:

MNEs should consult with local tax advisors and keep abreast of any updates through the Department of Taxes in Aruba (DIMP).

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