Finance Ministry issues warning ahead of shopping season
Business
1157 views2
Business
1157 views2

Finance Ministry issues warning ahead of shopping season

L. Arias - November 9, 2016

Online shopping will enter its high season later this month, and the Finance Ministry has warned people preparing to join the sales frenzy in Costa Rica to avoid problems…

Vehicle insurance costs to go up in November
Business
996 views
Business
996 views

Vehicle insurance costs to go up in November

L. Arias - October 28, 2016

The National Insurance Institute (INS) will begin collecting mandatory vehicle circulation permits, or marchamos, for 2017 on Nov. 1, and motorists will likely have to pay more than…

New tax brackets for the new tax year
Business
890 views
Business
890 views

New tax brackets for the new tax year

L. Arias - October 4, 2016

New brackets for calculating income tax for the next twelve months were implemented on Oct. 1, following their publication in the official newspaper La Gaceta. As of Oct. 1, workers whose…

If you are an ‘expat,’ or thinking about ‘expatriating,’ think about this
Business
2017 views1
Business
2017 views1

If you are an ‘expat,’ or thinking about ‘expatriating,’ think about this

Stanley Foodman - September 30, 2016

Thinking about giving up your U.S. citizenship pending the results of the presidential election in November? Concerned because you have been an “expat” for a long time…

Airport departure tax to rise in July
Airports
1122 views
Airports
1122 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…

A fixer upper in tax rules for business might not be the best solution yet
Doing Business
1583 views4
Doing Business
1583 views4

A fixer upper in tax rules for business might not be the best solution yet

Randall Trejos - May 18, 2016

Imagine that mom, looking for a clever way to improve the family's finances, comes up with a new rule: anybody in the house who wants to eat…

Lawmakers look to reinstate corporate tax law
Business
1163 views4
Business
1163 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…

What’s new this year in US expat taxes
Business
1099 views
Business
1099 views

What’s new this year in US expat taxes

Kaitlin M. Krozel - April 15, 2016

While it’s nearly impossible to master the U.S. tax code, you don’t need to be a guru on the subject to demonstrate to your friends how up-to-date…

Costa Rica’s money troubles: Letting the future decide
Newsletter
2639 views7
Newsletter
2639 views7

Costa Rica’s money troubles: Letting the future decide

Tomás Quesada-Alpízar - March 7, 2016

La Nación’s recent interview with the Comptroller General, Marta Acosta, is worth a listen. Citizens, academics and, above all, politicians, should pay close attention to her accurate…

Costa Rica ponders tax on fast food, soft drinks
Business
2035 views
Business
2035 views

Costa Rica ponders tax on fast food, soft drinks

L. Arias - December 16, 2015

Officials from Costa Rica’s Social Security System, or Caja, on Tuesday reported the agency will allocate just over ₡3 trillion ($5.5 billion) of its budget for covering public health care expenses…