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6.2. Deduction of Cross-Border Payments and Non-Deductible Expenses

The following are not deductible for Curacao tax purposes, or have limited deductibility:

  • Expenses that exceed normal arm’s length charges and are incurred directly or indirectly for the benefit of shareholders or related companies
  • Profit distributions to shareholders unless they represent remuneration for services in their capacity as manager, lender or licensor
  • Fines, penalties and expenses incurred with respect to crimes
  • The deduction of representation expenses, and expenses incurred on meals, beverages, gifts, courses and seminars are limited to 80% of the cost