Global

Details

  • Service: Tax, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 6/11/2013

Costa Rica - Foreign corporations to pay new tax 

June 11: A tax in Costa Rica is imposed on all corporations, branches, and representatives of foreign corporations that are registered or will be registered before the National Registry.

“Inactive” entities must pay a tax in an amount equal to 25% of a monthly base salary (i.e., approximately $190).


“Active” entities must pay a tax in an amount equal to 50% of a monthly base salary (approximately $375).


Currently, all corporations are registered as “active.” To request a change in status, certification is required from the tax administration. This certification will confirm that the corporation has been inactive for the recent tax periods and that it is no longer a taxpayer.


Read a June 2013 report (English and Spanish) [PDF 73 KB] prepared by the KPMG member firm in Costa Rica: Procedure to modify status (active – inactive) in order to determine the taxable amount of the new corporate tax




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