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Curacao Resuming Recover Interest from August 2025 with Transitional Exemption

|Approved Changes|Curacao
Curacao

Curacao's Ministry of Finance has announced the resumption of recovery interest on outstanding tax and social security contributions on 1 August 2025. This follows a temporary suspension at the end of 2024 due to inaccuracies in the interest calculation in the collection system. The resumption of recovery interest will apply retroactively from 1 April 2023 at a rate of 6.75%, based on the statutory interest rate as set by the Central Bank of Curacao and Sint Maarten. To limit the impact on t…

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