Tax on Curacao

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When renting out real estate located in Curaçao, 65% of the rental income is taken into account as taxable income. The costs charged by the lessor (tenant charges) are not regarded as rental income. This could include, for example, costs for electricity and garden maintenance. These costs can be directly deducted from the rental income

After the fixed deduction of 35%, any interest charges may be deducted from the financing of the property, as well as the premium of a term life insurance policy associated with that loan.

If the property is sold for an amount higher than the purchase price, no tax is due on it.

Rental income is taxed at the progressive income tax rate. The following rates apply for 2022:

More than	But not more than	Due IB	Tax rate
I	II	III	IV
ANG 0	ANG 34.889	ANG 0	9,75%
ANG 34.889	ANG 46.519	ANG 3.402	15%
ANG 46.519	ANG 69.779	ANG 5.146	23%
ANG 69.779	ANG 98.853	ANG 10.496	30%
ANG 98.853	ANG 145.372	ANG 19.218	37,50%
ANG 145.372	-	ANG 36.663	46,50%

In addition, there are various compliance obligations for the other Curaçao taxes (sales tax, property tax).