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Details

  • Service: Tax, International Executive Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 10/29/2013

Costa Rica - Revised income tax brackets for 2014 

October 29:  Costa Rica updated the income tax brackets for corporations and individuals, for the tax year 2014.

The updated brackets were published in the official journal (La Gaceta) on 25 October 2013, and are summarized in the tables provided below.

Corporate income tax

Income amount (CR colon) Rate (%)
From 0 up to 49,969,000 10%
From 49,969,001 up to 100,513,000 20%
Over 100,513,001 30%

Individual income tax – Employment Income (monthly salary)

Income amount (CR colon) Rate (%)
From 0 up to 752,000 exempt
From 752,001 up to 1,128,000 10%
Over 1,128,001 15%

Individual income tax – business (independent activities)

Amount (CR colon) Rate (%)
From 0 up to 3,339,000 exempt
From 3,339,001 up to 4,986,000 10%
From 4,986,001 up to 8,317,000 15%
From 8,317,001 up to 16,667,000 20%
Over 16,667,001 25%

Read an October 2013 report (English and Spanish) [PDF 26 KB] prepared by the KPMG member firm in Costa Rica: Update of income brackets subject to Income Tax for the 2014 fiscal period




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