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Curacao Considering Replacement of Sales Tax with VAT

|Proposed Changes|Curacao
Curacao

The Curacao government is reportedly considering the introduction of a new value added tax (VAT) regime that would replace the current sales tax regime. To offset the potential impact of a VAT regime on lower-income individuals, the government is also considering the introduction of fixed monthly compensation to individuals in lower-income brackets. Further details of the new VAT regime and associated measures will be published once available.

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