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Curaçao offers the possibility to remediate old tax debts by paying a lump sum

Tax Newsflash July 2021

On July 6, 2021, the newly appointed Curaçao Minister of Finance, Mr. Javier Silvania has signed the new Tax Collection Guidelines. The guidelines are intended to grant tax debt remediation under certain conditions for outstanding and overdue tax debts if the tax debtor pays a lump sum. This applies to a number of taxes and for tax assessments with a date of December 31, 2020, and older. The amount of the tax debt remediation depends on the lump sum paid. The aim of the Guidelines is to make up for tax arrears as much as possible and to boost Curacaos’ public finances.

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