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san jose, costa rica
Tuesday 26 September 2017

Assets of Dissolved Corporations Are Not Lost

A common practice by many foreigners (and Costa Ricans alike) is to hold property, ie, a vehicle or...

Bill Proposed To Lift Bank Secrecy Law in Costa Rica

Bank secrecy (or bank privacy) prohibits banks in Costa Rica providing to authorities personal and account information about...

What Happents To Property Of Dissolved Corporations For Not Paying The ‘Corporations Tax’??

In less than two weeks, on September 1, the 'Corporations Tax', (Impuesto Personas Juridicas in Spanish) kicks in...

‘Corporations Tax’ Amnesty For 90 Days

From September 1 to December 1, companies can take advantage of an amnesty to bring to date their...

Government Proposes To Charge A 15% Tax For Using Services Like Netflix

Intent on solving the country's current financial problems, the government today (Thursday) presented to legislators a new tax...

Costa Rica, UAE To Prevent Double Taxation

Costa Rica and the United Arab Emirates successfully negotiated an agreement to prevent double taxation between the two...

Telecom Tax Proposed To Fund 911 Service

Costa Rica's Legislative Assembly has received a proposed tax on mobile and fixed telephony and broadband services with...

Taxation Evaluating Asking The U.S. For Information On Airbnb Hosts in Costa Rica

Although Airbnb has offered to collect the sales tax for transactions made on rentals in Costa Rica through...

New VAT Expected To Be Kept At 13 Percent

Q COSTA RICA - Costa Rica may opt for a lower value-added tax (VAT) rate if and when...

Costa Rica’s Electronic Invoicing Could be Done in Dollars

Q COSTA RICA - An amendment to the regulations of the income and sales tax laws, which will...

Panama Papers Law Firm Founder Says Scandal Set Off Tax Shelter Boom in US

Q24N (AFP) - The co-founder of the law firm at the center of the Panama Papers scandal says...

New Car Dealers Forced To Register 2018 Cars As 2017

Q COSTA RICA - When is a 2018 model car year a 2017?  When in Costa Rica and...

The Corporations Tax Is On. Legislators Approve Bill In Second And Final Debate.

Q COSTA RICA - On Thursday, March 16, legislators approved in second and final debate the "tax on...

Attorney General: Decree Restricting Importation Of New Cars Is Unconstitutional

Q COSTA RICA - "It restricts the freedom of commerce and implies an intrusion into the market," says...

Legislators Get Constitutional Green Light To Revive ‘Corporations Tax’

Q COSTA RICA - The Constitutional Court or Sala IV as it is commonly known gave the green...

Tourism Operators and Tax Man In Conflict Over Sales Tax On Recreation

Q COSTA RICA  - The Cámara Nacional de Turismo (Canatur)  - National Chamber of Tourism  - denounced that...

Why Are Costa Ricans Not Willing To Pay Taxes?

Q COSTA RICA / Why are Costa Ricans reluctant to pay taxes? What are the consequences of such...

The Basic Points Of The New Corporations Tax Law

Q COSTA RICA - If the draft Ley de Impuesto a las Personas Jurídicas (Corporations Tax Law) has...

People Renting Houses and Apartments For Less Than A Month Must Pay Sales And Income Tax

Q COSTA RICA - Rentals of houses, apartments and condominiums for a period of less than one month...

Costa Rica Shareholder Registry Approved

Q COSTA RICA NEWS - The bill to improve the fight against tax fraud successfully passed the last...

Airbnb Offers To Collect Sales Tax For Its Transactions in Costa Rica

Q COSTA RICA NEWS - The more than 6,600 hosts using Airbnb in Costa Rica may soon see...

Legislative Christmas Gift of Tax On Corporations Almost Ready

The controversial draft Law on Tax on Corporations (Ley de Impuesto a las Personas Jurídicas), to which legislator...

Costa Rica Improves Tax Evasion Controls

(QCOTARICA) The Directorate General of Taxation (Dirección General de Tributación) has hired an external service that cross matches...

Costa Rica Food Industry Opposes Tax Exemptions for Food

  Costa Rica's food industry is opposed to the executive decree which eliminates the exemption from payment of sales...

Costa Rica Considers Anti-Tax Evasion Bill

A bill containing measures to combat tax evasion is close to being endorsed by Costa Rica's legislature, according...

Costa Rica and Germany Agree to Eliminate Double Taxation

From January 1, 2017 the agreement ratified between both parties to avoid double taxation of income and assets...

Creation Of A Shareholder Registry Revived in Costa Rica

QCOSTARICA - Legislators of the Financial Affairs Committee (Comisión de Asuntos Hacendarios) on Tuesday approved a the text...

Shaking The Money Tree, Costa Rica Proposes Global Income Tax

QCOSTARICA - Under pressure to raise revenue and reduce deficits, the Government of Costa Rica is preparing to...

Costa Rican President Solis Urges Legislators To Approve Tax Reforms

QCOSTARICA - Approaching mid term and delays in getting through his tax reform plan, Costa Rica President, Luis...

Internatoinal Monteray Fund Supports Costa Rica’s Fiscal Reforms

QCOSTARICA by Mike Godfrey, Tax-News.com - The International Monetary Fund (IMF) has welcomed the Costa Rican Government's medium-term...

Costa Rica Hails Recognition Of Tax Transparency Progress

QCOSTARICA via Tax-News.com - Costa Rica has welcomed recognition from the Organisation for Economic Cooperation and Development for...

Uber And Its Drivers “Must Pay Income Tax”

QCOSTARICA - Being a Uber driver is not as simple as registering as a driver and "a job",...

LATEST

You Can’t Take Pictures of Public Buildings In Costa Rica?

Rico's TICO BULL - Journalist Freddy Serrano writes on social media he was verbally and physically assaulted by a private security guard, by the last...

Interest Payments Stifling Costa Rica’s Public Finances

In Costa Rica, interest payments rose from 1.5% to 1.7% of GDP, and this increase accounts for 32% of the increase in total spending...

Costa Rica Lifts Price Controls In Mobile Telecom Market

The Superintendencia de Telecomunicaciones (Sutel) - Costa Rica's Superintendency of Telecommunications - has declared that the country’s mobile market is now considered competitive following...

Costa Rica Looking To UAE Investments For The Logistics Sector

(Abu Dhabi) Costa Rica is aiming to become a major logistics hub in Central America and Caribbean region with a US$1 billion mega-port project. Jhon...

Lots of Rain and Cool, Landslides and Flooding

September and October are the months for the worst of the rainy season, where the rains are intense and temperature a few degrees cooler...

Buffalo Farming in Costa Rica

They're big and strong but versatile and gentle. For milk production, they are better than cows or goats because they produce longer during the...

Deadly Earthquake Could Cost Mexico US $10 Billion, One Percent of Its GDP

The September 19 earthquake that hit Mexico could cost the country up to one percent of its Gross Domestic Product, according to an estimate...

TRENDING / POPULAR

Anne Hathaway’s Leaked Personal Pictures Go Viral

American actress Anne Hathaway is the latest celebrity to fall victim to the hackers, who shamelessly filtered the intimate photos of the actress with...

How Will Hurricane Irma Affect Costa Rica?

As Hurricane Irma makes its way through the Caribbean and Floridians ready for Irma's potential landfall, how will it affect Costa Rica? Although Hurricane Irma...

10 Countries Reputed As The Ultimate Place For Sex Tourism (Guess Who Isn’t?)

QCOSTARICA - Normally, tourists travel abroad to visit famous landmarks, culture or do fun things. Also there is a group of tourists who travel...

Man Killed In Monday Morning Shootout in Escazu Was Wanted In Canada

Q COSTA RICA - It was 7:20am, two men outside the Mountview private school in Guachipelin de Escazu, dressed in tracksuits are exercising, two...

Argentina: 128-Year-Old Man Claims He’s Hitler

Q JOURNAL - An allegedly 128-year-old man in Salta, Argentina has announced he is in fact former Nazi leader Adolf Hitler, and has spent...

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