WILLEMSTAD – Curaçao’s Tax Administration recorded XCG 663.8 million in combined tax and premium revenue during the second quarter of 2026, exceeding the budgeted amount by XCG 57.4 million, according to the government’s latest management report.
Finance Minister Charles Cooper expressed satisfaction with the results, describing the Tax Administration’s financial and operational performance during the quarter as solid.
Based on the figures released by the government, actual tax and premium revenue was approximately 9.5 percent above the roughly XCG 606.4 million that had been budgeted for the period.
The results are contained in the Tax Administration’s Management Report for the second quarter of 2026.
In addition to the higher-than-budgeted revenue, the government says progress was recorded in tax compliance and services provided to taxpayers.
The performance is significant for Curaçao’s public finances because tax and premium collections form a major part of the government’s revenue base. The Ministry of Finance is responsible for fiscal policy and its implementation, as well as the broader management and control of public finances.
Cooper has been heading the Finance Ministry during a period in which Curaçao is also making changes to its broader tax policy. Earlier this year, the government revised its approach to the OECD’s Pillar 2 international minimum tax framework. It decided to proceed with the Income Inclusion Rule, retroactive to January 1, 2025, while not introducing the Qualified Domestic Minimum Top-up Tax or Undertaxed Profits Rule at this stage.
The second-quarter figures suggest that government revenues are performing considerably better than projected, although the information released so far does not provide a detailed breakdown showing which individual taxes and premiums were primarily responsible for the XCG 57.4 million positive variance.
The full significance for Curaçao’s 2026 budget will also depend on expenditure developments and whether the stronger revenue performance continues during the second half of the year.
For Cooper, however, the latest figures are an indication that the Tax Administration is producing results not only in revenue collection but also in improving compliance and taxpayer services.