PAR Party Calls for Abolition of Inheritance Tax in Curaçao

The political party PAR (Partido Alternatif Real) is pushing for the Curaçao government to abolish inheritance tax as soon as possible. The party argues that the tax generates less revenue than projected in the budget, making it a poor fiscal tool. Beyond the numbers, PAR contends that the inheritance tax complicates the transfer of assets — particularly family-owned properties and businesses — to heirs. The party believes eliminating the tax would ease financial burdens on families during an already difficult time of loss. PAR's call adds political pressure on the ruling government to revisit its tax policy agenda, framing the abolition as both an economic and social necessity for the island.