Your One-Stop for Accounting, Taxes and Business in Costa Rica
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Fiscal year 2015 in Costa Rica ends on September 30th 2015, which means that we currently are in the fast lane to file all the tax returns and other forms required by the Tax office. Let’s review one by one the forms that would, typically, need to be filed: Costa Rica Tax Form D150 This
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One of the main assets when it comes to privacy in Costa Rica is being jeopardized by the Tax Administration. Their goal is to create a Public Record of Shareholders (Registro de Accionistas) of every single corporation in Costa Rica, their logic behind that is, primarily, there are a lot of properties being transferred without
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I clearly remember that one of those experts on everything, argued that I was wrong when I stated in a previous article Rental Properties and Sales Taxes In Costa Rica – When this tax should be collected? about how Rental Properties must collect the 13% sales tax (Impuesto de Venta)… This was because he attended a
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One of the most efficient tools that Costa Rican Tax Authorities have are the so called Informative Tax Returns, these tax returns numbered from D-150 to D-161 are used by the Tax Administration to cross reference information in terms of who has paid how much to whom and under what category. Who should file these
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Several investors who decided to buy a property in beautiful Costa Rica have also decided to, somehow, accelerate the return of their investment by renting out the property, but this decision comes with a tax liability aside for both income tax and sales tax. Any individual or company who generates revenue out of a property