If the liabilities the corporation assumes are more than your adjusted basis in the property you transfer, gain is recognized up to the difference. However, if the liabilities assumed give rise to a deduction when paid, such as a trade account payable or interest, no gain is recognized.
Because Aruba was once a Dutch state of sovereignty, the island's official language is Dutch. No need to arrange a translator, however, because both English and Spanish are widely spoken.aps. Papiamento, a wild combination of Dutch, English, French, Portuguese and Spanish, is the language originated in the trio of islands called the ABC islands. This language reflects their open-armed acceptance of other cultures.
Weather in Aruba in January. The average maximum daytime temperature in Aruba in January is a hot 31Â°C (88Â°F) with high heat & humidity. The average sea temperature in and around Aruba in January is 26Â°C (79Â°F). Expect 40mm (1.6 inches) of rainfall across the whole of January with 8 days with some rain falling. Maximum UV levels will be very high (10 UV index) at midday when the skies are clear. The average night-time temperature is usually a warm 22Â°C (72Â°F). The weather in Aruba in January is represented by Oranjestad.