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All About Capital Gain Tax In Costa Rica
About the Capital Gain Tax in Costa Rica The capital is taxed in Costa Rica when a profit is generated during the sale of an asset, the difference between the acquisition and the sale value will represent the amount to be taxed by the Costa Rican government. The capital income is divided on the following…
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What Are The Cabys Codes And Why You Should Implement Them On Your Billing
The implementation of Cabys codes was started by the Costa Rican Tax Administration in december 1st, 2020. Cabys means ¨catalog of goods and services¨, it is a general coded list of goods and services commercialized in the national Costa Rican market, just as the Share Holders Registry, the catalog has been created by the Central…
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Tax Administration Extend The Deadline For Filing The Shareholders Registry Paperwork Until April 30th
The Shareholders Registry is a requirement created by the Tax Administration and the Central Bank of Costa Rica, the process started in 2019 and was suspended in 2020 due to the COVID-19 pandemic, this year the requirement has been brought back, now with the deadline on April 30th, 2022, the tax payers that must fulfill…
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Shareholder Registry Due April 30th 2022
Any corporation in Costa Rica should file this requirement in order to avoid sanctions, the shareholder registry was implemented by the Central Bank of Costa Rica through the Tax Administration in 2019 and suspender Due Covid 19 in 2020 and this year is being required again to be complete by any corporation owner in the…
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Costa Rican Taxes 101
WHAT DO YOU NEED TO KNOW ABOUT YOUR TAXES IN COSTA RICA? The Costa Rican tax administrator in Costa Rica is ¨Ministerio de Hacienda¨, this institution is divided in three grand departments which are the DGT (General Tax Administration), DGH (Tax Administration), DGA (General Customs Administration). There are tax administration branches in certain strategic places…
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New tax form for inactive corporations
According to the tax Administration, March 15th, 2022 will be the deadline for the corporations with no economical activity for filing the now mandatory annual form declaring the assets, liabilities, and patrimony owned by the non active companies. If you own an empty corporation or just use it for holding your assets in CR you…
