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Curacao's Council of Ministers Approves Draft Ordinance for Pillar 2 Global Minimum Tax

|Proposed Changes|Curacao
Curacao

On 6 November 2024, Curacao's Council of Ministers reportedly approved a draft ordinance for the implementation of Pillar 2 global minimum tax rules with effect from 1 January 2025. This includes the introduction of a domestic minimum top-up tax and an income inclusion rule to ensure a minimum tax rate of 15% for in-scope groups. Further details of Curacao's implementation will be published once available.

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