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 th…