Properties with a value under ₡20.2 million are now exempt from paying real estate tax. In the case that your home is worth more and it is your only property,…
Tag:
costa rica taxes
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The woman who was accused, sentenced, then acquitted of murdering her husband has paid $1.3 million in taxes in order to recover a lot of jewels that were confiscated while…
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The luxury homes tax will be collected in January 2020. The Government has updated the details of this tax, which has amounted to ₡4.500 million by October. Specifically, the Treasury…
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The Ministry of Finance closed the Wyndham San José Herradura hotel for five days over alleged tax debts to the State. The hotel owner, Bonanza, disregarded the closure and removed…
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Many tax deadlines are coming up in December and January. These include the informative declaration, VAT, luxury home, rent, and vehicle taxes. There are already long lines everywhere you can…
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The finances used to maintain roads throughout Costa Rica come from the tax paid by drivers when they pay for the right to circulate. The Ministry of Finance had a…
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The Ministry of Finance held a press conference to publicize the results of the first month with value added tax, on August 22, 2019. The collection of tax jumped from…
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The Treasury has various ways to declare rental tax. A guideline regarding this has been put out by the General Directorate of Taxation. Additionally, the Ministry of Finance is in…