Deputies have approved, with 43 votes in favor and none against, a bill to reduce the tax on vehicle ownership to vehicles whose fiscal value is less than ₡15 million.…
costa rica taxes
-
-
Costa Rica NewsUncategorized
Are Taxes on Vehicles Going Down in Costa Rica?
by Isabella Foster Villanueva 2020/10/14The Citizen Action Party (PAC) has proposed to reduce by 50% the vehicle property tax for 2021 for those with vehicles valued at less than ₡4.6 million. This would apply…
-
Costa Rica NewsUncategorized
Costa Rica Tax Protests Becoming Violent
by Isabella Foster Villanueva 2020/10/09Over a week ago, protests began against a plan that sought to create new taxes to alleviate the financial crisis, a plan that has already been rejected by the Government.…
-
Costa Rica NewsUncategorized
Eduardo Cruickshank & Costa Rica Taxes
by Isabella Foster Villanueva 2020/10/09Eduardo Cruickshank, president of the Legislative Assembly, has shared various contradictory ideas recently. He most recently proposed to the President of the Republic to establish new taxes as part of…
-
Costa Rica NewsUncategorized
VAT Tax Exemption in Costa Rica Tourism Sector
by Isabella Foster Villanueva 2020/07/21Deputies approved two bills that would exempt construction and tourism sectors from the collection of the VAT for one year, even though an alternative source of revenue for the Government…
-
Costa Rica NewsUncategorized
Real Estate Tax Exemptions in Costa Rica
by Isabella Foster Villanueva 2020/02/19Properties with a value under ₡20.2 million are now exempt from paying real estate tax. In the case that your home is worth more and it is your only property,…
-
Costa Rica NewsUncategorized
Ann Patton Gets Her Jewels Back from Costa Rica for $1.3 Million
by Isabella Foster Villanueva 2020/02/10The woman who was accused, sentenced, then acquitted of murdering her husband has paid $1.3 million in taxes in order to recover a lot of jewels that were confiscated while…
-
The luxury homes tax will be collected in January 2020. The Government has updated the details of this tax, which has amounted to ₡4.500 million by October. Specifically, the Treasury…