Airport departure tax to rise in July
Airports
1363 views
Airports
1363 views

Airport departure tax to rise in July

L. Arias - June 13, 2016

Travelers leaving Costa Rica by air will have to pay an extra $2 in taxes starting in July, bringing the total cost of the airport departure tax…

Lawmakers look to reinstate corporate tax law
Business
1386 views4
Business
1386 views4

Lawmakers look to reinstate corporate tax law

L. Arias - April 21, 2016

The Legislative Committee on Financial Affairs on Wednesday approved the latest version of a bill to reinstate the country’s corporate tax law, which was ruled unconstitutional last year…

Have you received a FATCA letter?
Newsletter
3495 views5
Newsletter
3495 views5

Have you received a FATCA letter?

David Boddiger - February 23, 2016

Many U.S. expatriate taxpayers are receiving “FATCA” letters from offshore banks around the world. The banks are sending the letters in anticipation of their I.R.S. FATCA reports…

Lawmakers propose increase in exit tax to fund Costa Rica’s Olympic athletes
Business
1080 views5
Business
1080 views5

Lawmakers propose increase in exit tax to fund Costa Rica’s Olympic athletes

L. Arias - November 12, 2015

Lawmakers of the Legislative Commission on Childhood, Adolescence and Youth in a unanimous vote on Tuesday approved the drafting of a bill to increase from $29 to…

Finance Ministry launches campaign to identify tax dodgers
Business
854 views1
Business
854 views1

Finance Ministry launches campaign to identify tax dodgers

L. Arias - September 22, 2015

The Finance Ministry’s Tax Administration this week launched a new plan aimed at curbing tax evasion, mostly targeting self-employed professionals. Ministry officials began sending email notifications asking people…

Finance Ministry could lower Costa Rica income tax brackets
Business
1582 views
Business
1582 views

Finance Ministry could lower Costa Rica income tax brackets

L. Arias - September 11, 2015

A decrease in Costa Rica’s Consumer Price Index over the past year could mean more of the country's low-income workers will have to pay taxes next year, and some middle-income…

New online tax filing system in Costa Rica starts in October
Business
956 views
Business
956 views

New online tax filing system in Costa Rica starts in October

L. Arias - September 1, 2015

Starting Oct. 4, a new online system will replace the software taxpayers currently use in Costa Rica to submit tax returns, Finance Ministry officials reported on Monday. The new…

Finance Ministry submits tax reform bills to Legislative Assembly
Business
1097 views
Business
1097 views

Finance Ministry submits tax reform bills to Legislative Assembly

L. Arias - August 12, 2015

The Costa Rican government moved this week to reform the country's tax laws in an effort to attack the growing fiscal deficit, which has begun to raise…

US taxes are due April 15, are you ready?
Business
980 views
Business
980 views

US taxes are due April 15, are you ready?

Zach Dyer - April 13, 2015

Wednesday is tax day for U.S. residents and citizens. But if you’re an expat living abroad and haven’t filed, there’s no need to panic — yet. U.S. taxpayers…

Government wants to hike taxes to boost income
Business
1026 views9
Business
1026 views9

Government wants to hike taxes to boost income

L. Arias - March 14, 2015

Finance Ministry officials this week presented a series of amendments to Costa Rica's sales and income tax laws in the hopes of increasing revenue by around ₡600,000 million ($1.1 billion). That…