Curacao has published the Ministerial regulation setting the individual income tax brackets and rates for 2021. The individual income tax brackets/rates are as follows with effective from 1 January 2021:
- up to ANG 32,304 - 9.75%
- over ANG 32,304 up to 43,073 - 15.0%
- over ANG 43,073 up to 64,610 - 23.0%
- over ANG 64,610 up to 91,530 - 30.0%
- over ANG 91,530 up to 134,603 - 37.5%
- over ANG 134,603 - 46.5%
The regulation also sets the basic discount (credit) for 2021, which is ANG 2,408, as well…