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Curacao Individual Income Tax for 2015

13 January 2015

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Approved Changes

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Curacao

Curacao's Tax Authority has published the Ordinance Tax Revisions 2015-2016, which amends the individual income tax brackets and lowers the rates with effect from 1 January 2015. The brackets and rates are as follows: up to ANG 30,000 - 10.75% over ANG 30,000 up to 41,500 - 16.25% over ANG 41,500 up to 60,000 - 26.25% over ANG 60,000 up to 89,000 - 30.75% over ANG 89,000 up to 127,500 - 39.00% over ANG 127,500 - 48.25% The Ordinance also includes the rates for 2016, which are further reduced with a lower bracket threshold of ANG 30,000 and lowest tax...