WILLEMSTAD – While tax revenues exceeded projections in 2025, the Financial Management Report reveals that compliance problems remain deeply embedded in Curaçao’s tax system. The Ministry of Finance notes a decline in wage tax compliance toward the end of the year, particularly among employers who fail to file returns despite having registered employees.
Authorities are increasingly relying on post-filing data comparisons between the Tax Office and social insurance databases to identify non-compliance. According to the report, this reactive approach highlights weaknesses in enforcement and monitoring.
The ministry warns that higher revenues should not mask underlying structural problems, as continued non-compliance threatens the sustainability of the tax base and reinforces the urgency of tax reform.