Curacao has published the regulation on the individual income tax brackets and rates for 2020. The individual income tax brackets/rates are as follows with effective from 1 January 2020:
- up to ANG 31,504 – 9.75%
- ANG 31,504 up to 42,006 – 15.0%
- ANG 42,006 up to 63,009 - 23.0%
- ANG 63,009 up to 89,262 - 30.0%
- ANG 89,262 up to 131,268 – 37.5%
- over ANG 131,268 - 46.5%
The regulation also sets the basis discount (credit) for 2020, which is ANG 2,284, as well as other credits and allowances.