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Video: Where Costa Rica corporation tax law currently stands

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In this video, attorney Roger Petersen discusses confusion surrounding the Costa Rican corporation tax. Parts of it were held unconstitutional by the Supreme Court, but that did not affect past-due taxes, which are still due and payable.

Meanwhile, the legislature is considering a new corporation tax law, and a lot of people are waiting to see what it does. But that law won’t address past-due taxes either.

Here’s what we know and what we don’t know about what all of this means.

 

 

Contact Roger Petersen at (506) 2288-2189 ext. 101 or at rpetersen@plawcr.com. Read his blog at www.CostaRicaLaw.com.

10 Comments »

    rod | December 14, 2016

  1. Where do I find my corporations. You showed a list on your video
    Thanks
    Rod

  2. Judy Jenkins | December 14, 2016

  3. How do I check to see if my tax is current?
    3-101-453482

  4. William Turley | December 15, 2016

  5. Hola,
    Can’t the Supreme Court decision to uphold past due taxes on an illegal law be challenged?
    It sound like a class action suit could be brought against that decision demanding refunds to those that paid the tax and forgiveness to those that didn’t pay.
    We have two S.A.’s and have not paid the tax.
    Thank you for your reply.

  6. William Turley | December 15, 2016

  7. Another question:
    If an S.A. owns real estate and they dissolve the S.A. how can they put a lien on the property?

  8. Brian Schaller | December 15, 2016

  9. A lot of good questions. Unfortunately, this is not about law but relative power and control that rich, autocratic Ticos always exercise in their perpetual desire to stop ALL from challenging morality and power. Duh!!! Many gringos have S.A.’s and the only reason this tax exists is because rich Ticos want gringos to pay for EVERYTHING.

  10. Roger Petersen | December 20, 2016

  11. Hi. To find out the corporations on the list published in La Gaceta I have posted the publications on our website. Here is the link to that article http://costaricalaw.com/costa-rica-legal-topics/corporations-in-costa-rica/costa-rica-corporations-liquidated-non-payment-corporation-tax/

  12. Roger Petersen | December 20, 2016

  13. Thank you for your comments. Yes a lot of great questions. The publication of the corporation names is the first step to scare owners into paying the tax.

    The liquidation occurs if the corporation owes more than 3 payments. As such if your corporation does not yet appear on the list it is possible to pay at least 1 past due payment to avoid being put on the next list.

    The next round will be to see how the liquidation process will evolve and the effect it will have on corporations that have assets in their name. We are being informed that the Registry will turn it over to the Court system to process.

  14. L Hammond | December 29, 2016

  15. We purchased a house this year and put in corporation. Is there something we need to do to comply with US requirements and in what time frame?

  16. Brian Schaller | January 7, 2017

  17. I don’t know why I only can respond to R.E. columns for the Tico Times?

  18. Ivo Henfling | January 8, 2017

  19. No idea Brian. I’ll ask someone to check

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