Two Important Taxes Due This Month

Before the end of the month there are TWO IMPORTANT TAXES to be paid, failing comes with serious consequences.

The first is the tax on corporations or S.A.’s. This tax is payable on all active and inactive (registered) corporations. If the tax goe unpadi for three consecutive years, the corporation is subjec to fines and even closure.

Not paying the tax makes it difficult to run the corporation, especially obtaining the “personeria juridica” which is required for just things like banking, etc.

The tax on corporations is only payable at the Banco de Costa Rica (BCR).

The other is the tax on luxury homes, which has increased by 41% over last year.

Both taxes are due and payable by January 31 of each year.

Rico
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!

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