Curacao's Ministry of Finance has published a notice dated 10 January 2024 on the temporary tightening of criminal prosecution for failing to file corporate income tax returns. According to the notice, only about 55% of taxpayers comply with their tax return obligations. To increase compliance, it has been decided that if, after a number of warnings, a taxpayer does not fully comply with the obligation to file a tax return(s) within the set period, criminal prosecution will begin immediately. This policy is temporary, based on the assumption that it will improve tax return compliance. The policy will be withdrawn if...