The Curacao Official Gazette Aug. 4 published a notice for the application of a reduced corporate tax rate, with retroactive effect to Jan. 1. The notice includes measures applying: 1) a 15 percent tax on taxable income or domestic profits of up to 500,000 Netherlands Antillean guilders (US$278,760); and 2) a 22 percent tax on taxable income or domestic profit exceeding 500,000 Netherlands Antillean guilders. The notice also includes guidance on the calculation of taxes, with examples. The notice enters into force the same date and applies from Jan. 1. [Curacao, Official Gazette, 08/04/23]
Reference: View Announcement of 07/07/23, Official ...