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Corret Income Tax for Foreigners Investing in Costa Rica Stock Market Is 8%

Since September 25, foreigners who acquire securities from the local stock market will have to pay 8% tax on the dividends generated, just like the tax paid by nationals, and not the 15% set previously. The differences that had arisen regarding how much and in...

Tax Man Will Maintain 15% Withholding On Interest Earned By Foreigners

Q COSTA RICA - The Ministerio de Hacienda (Ministry of Finance) says it will maintain the 15% withholding on profits earned in the stock market by foreign investors. Helio Fallas, the Minister of Finance, informed the Superintendencia General de Valores (Sugeval) - Superintendency of Securities...

Nicaragua Stock Market Trading Down 29%

TODAY NICARAGUA - During the first three months of the year $263 million were traded in the stock market, 29.3% less than the amount traded in the same period last year. So far this year, of the total trading volume, 85% was public sector emissions...

Costa Rica Market Makers Revived

QCCOSTARICA - Public consultation is being undertaken for the reform the regulation of Market Makers, with which it is intended to attract more stock brokers to the program to provide more liquidity to the market and stabilize prices of securities. This reform also seeks to...

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