Curaçao or Indonesia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Curaçao and Indonesia weigh about the same on the taxpayer.

Tax Curaçao Indonesia Gap
Corporate income tax headline rate 15% 22% −7.0 points
Personal income tax top bracket 9.75% to 46.5% 5% to 35% +11.5 points
VAT standard rate 9% 12% −3.0 points

Detailed schedules

Corporate income tax

Curaçao

Profit up to 500,000 XCG 15%
Profit over 500,000 XCG 22%
Aeronautics, naval, service centers, fund management 3%
Curaçao Investment Company by approval 0%

Indonesia

General rate 22%
Listed companies at least 40% of capital listed and conditions met 19%
Small businesses revenue under 50 Bn IDR, 50% allowance 11%