Sunday 27 November 2022

Hacienda maintains global income proposal only for taxpayers obligated to declare it

Paying the bills

Latest

La Sele maintains World Cup dream alive!

QCOSTARICA - Costa Rica's 1-0 win over Japan early...

Five Steps to Receiving a Business Loan

A business loan is a regular procedure for any...

Pandemic Has Led to ‘Silent Crisis’ in Education in Latin America, Caribbean

Q REPORTS (Reuters) Santiago, Chile — The social and...

Why Canada wants 1.5 million immigrants by 2025

Q REPORTS (BBC Mundo) Canada is betting on immigration...

Children’s Hospital reported this week occupancy of up to 120% due to respiratory viruses

QCOSTARICA - The Hospital Nacional de Niños (HNN) -...

Costa Rica officially celebrated Thanksgiving Day for the first time

QCOSTARICA - For the first time and officially, Costa...

Immigration detains three people for depriving domestic workers of their liberty

QCOSTARICA - Costa Rica's immigration police detained two women...

Dollar Exchange

¢599.50 Buy

¢606.96 Sell

26 November 2022 - At The Banks - BCCR

Paying the bills

Share

The most recent version of the reforms to the Plan Fiscal (tax reform project), presented to the Legislative Assembly on Thursday, February 9, maintains the proposal to create a global income tax, but clarifies that this will apply only to companies and individuals with lucrative activities, already obligated to declare their income and expenses.

In this way, salaried people who only receive surpluses from a union, for example, or investment interests on savings, will only have to pay the tax on the respective income class, but will not have to declare or pay the global income.

The new tax changes from a cellular income system (different tax rate applied to different type of income), to one of global income where all the income is added and the tax, is calculated on it

- Advertisement -

Under the concept of global income, taxpayers must add together different income they receive, subtract the expenses and on that difference pay the income tax.

- Advertisement -
Paying the bills
Avatar photo
Q Costa Rica
Reports by QCR staff

Related Articles

La Sele maintains World Cup dream alive!

QCOSTARICA - Costa Rica's 1-0 win over Japan early this morning...

Five Steps to Receiving a Business Loan

A business loan is a regular procedure for any type of...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.