2019 ANNUAL CORPORATE AND REAL PROPERTY TAXES
As a real property and/or CR corporation owner, you should be aware of taxes that need to be paid annually. Those who do not pay may be subject to fines and judicial collection procedures
Tax Law
LUXURY HOME TAX
The so called ´Solidarity Tax´ for the Strengthening of Housing Programmes (Impuesto Solidario para el Fortalecimiento de Programas de Vivienda), Law # 8683, commonly referred to as the 'Luxury Home Tax'applies to houses, condos and apartments of which construction/building value exceeds a certain amount.
REAL ESTATE RENTALS WILL SOON BE SUBJECT TO THE SAME LEGAL REQUIREMENT FOR ELECTRONIC INVOICING (FACTURA ELECTRONICA) AS ALL OTHER TAXPAYERS IN COSTA RICA.
The transition to a mandatory electronic invoicing system for taxpayers got underway earlier this year, as an outcome of 2016 legislation 'to improve the fight against tax fraud' in Costa Rica. Under a 2018 schedule of phased-in compliance deadlines, Resolution No. DGT-R-51-2016
ANNUAL CORPORATE AND REAL PROPERTY TAXES
As a real property and/or CR corporation owner in Costa Rica, you should be aware about taxes that need to be paid yearly. Failure to pay them would generate penalties and lead to a collection process.
D-140 FORM
The new corporation tax law, 9428, imposes a D-140 registration requirement on any and all CR corporations.
ANNUAL TAX OVER CR CORPORATIONS
The Costa Rican government recently published Law 9428: “Tax over legal entities” to be enacted on September1st, 2017.
REAL ESTATE RENTALS
Real estate rentals will soon be subject to the same legal requirement for electronic invoicing (factura electronica) as all other taxpayers in Costa Rica.