Tax Law

Corporate Law, Tax Law

DEADLINE FOR 2019 MANDATORY CORPORATE DISCLOSURE BEFORE THE CENTRAL BANK

CR tax office published on March 26 the resolution DGT-R-005-2020 that explains the process to be followed to enforce the fines and penalties to those corporations whose legal representatives did not submit, on or before March 31st, the 2019 mandatory form:

GM Blogger
marzo 5, 2020

Corporate Law, Property Law, Tax Law

IT’S ANNUAL TAX TIME

It's Annual Tax Time Like in other global markets, Costa Rica also has its share of annual taxes.

GM Blogger
diciembre 1, 2019

Corporate Law, Tax Law

MANDATORY SHAREHOLDER REGISTRATION CAN BE MADE UNTIL JANUARY 31st 2020 WITHOUT FINES

The Tax Office clarifies and ratifies that the first submission and disclosure can be made no later than January 31st2020 without fines or penalties.

GM Blogger
octubre 18, 2019

Tax Law

2019 TAX REFORM FAQ

Part II: On July 1, 2019, Costa Rica a major Tax Reform went into effect nationwide. The government did not provide enough information before July 1.

GM Blogger
septiembre 18, 2019

Tax Law

2019 TAX REFORM FAQ

Part I: On July 1, 2019, Costa Rica a major Tax Reform went into effect nationwide. The government did not provide enough information before July 1.

GM Blogger
septiembre 18, 2019

Tax Law

WHAT IS THE VALUE ADDED TAX (VAT)

The Value Added Tax (VAT) is an indirect tax that taxes the consumption, which means that when a person (customer) makes a purchase of a good or service, is paying this tax at a general rate of 13% or in any of the reduced rates of 4%, 2% or 1%.

GM Blogger
julio 15, 2019

Real Estate, Tax Law

NEW CAPITAL GAINS TAX IN COSTA RICA

With the approval of the Law #9635, among the taxes and changes that brought, it was created a Capital Tax Gains of 15% which applies to investment income and real estate.