The Curaçao tax administration has published the applicable tax rates for 2016. The changes are as follows: Corporate tax rate reduced from 25% to 22%; and Individual income tax rates and bracket thresholds are generally reduced overall as follows: up to ANG 30,000 - 9.75% over ANG 30,000 up to 40,000 - 15% over ANG 40,000 up to 60,000 - 23% over ANG 60,000 up to 85,000 - 30% over ANG 85,000 up to 125,000 - 37.5% over ANG 125,000 - 46.5% The changes apply from 1 January 2016.