WILLEMSTAD - The Ministry of Finance has announced new income and payroll tax tables for 2025, aimed at aligning tax rates with inflation, preserving taxpayers' purchasing power, and ensuring a fair tax burden.
According to the ministry, the adjustments reflect changes in the corrective factor, which is calculated using the most recent consumer price index data provided by the Central Bureau of Statistics of Curaçao.
The updated income and payroll tax tables will take effect on January 1, 2025, and will be officially published in the coming weeks.
This move is part of ongoing efforts to maintain economic stability and adapt the taxation system to current economic realities.