Have you received a FATCA letter?
Newsletter
451 views6
Newsletter
451 views6

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
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Business
200 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
196 views1
Business
196 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
223 views
Business
223 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
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Business
172 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…

Capital stock assignment vs. title transfer
Money Matters
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Money Matters
288 views3

Capital stock assignment vs. title transfer

BillHarris - August 13, 2015

Prior to September 2012, it was common practice for developers of a real estate project to record the title of each of its subdivided units under different…

Finance Ministry submits tax reform bills to Legislative Assembly
Business
207 views
Business
207 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
211 views
Business
211 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…

Private companies can help solve housing access problems
Money Matters
266 views
Money Matters
266 views

Private companies can help solve housing access problems

Bill Harris - March 28, 2015

  The discussion about the need for setting mechanisms to help people with a low income and people between the ages of 18 and 35 to have…

Government wants to hike taxes to boost income
Business
203 views9
Business
203 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…