Curacao Confirms Implementing Pillar 2 Income Inclusion Rule but Not QDMTT and UTPR

According to recent reports, Curacao's Minister of Finance, Charles Cooper, has confirmed that Curacao is committed to implementing the Pillar 2 Income Inclusion Rule (IIR) with retroactive effect from 1 January 2025. However, the Curacao government has decided not to implement the Qualified Domestic Minimum Top-Up Tax (QDMTT) for the time being, considering the negative impact on the attractiveness of Curacao for international companies. The Undertaxed Profits Rule (UTPR) will also not be im…