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Curacao to Introduce Reduced Corporate Income Tax Rate

|Proposed Changes|Curacao
Curacao

Curacao's Minister of Finance and Minister of Economic Development have reportedly agreed on amendments to the corporate income tax rate that would introduce a reduced rate of 15% on domestic businesses earning up to ANG 500,000 per year. The current 22% corporate tax rate would be maintained for businesses exceeding the earnings threshold. The new reduced rate is to apply retroactively from 1 …

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