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 reduc…