On 8 December 2020, the Costa Rican Ministry of Finance has published the Executive Decree No. 42733-H providing new corporate tax brackets for 2021. Decree No. 42733-H enters into force on 1 January 2021 and replaces the prior decree on rates published in September 2019.
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Costa Rica’s Ministry of Finance has reduced the single tax rates on fuels by 0.34%, effective from November 1, 2024, as per Executive Decree No. 44723-H. However, the tax on LPG will stay unchanged for six years under a provision from Law 10.110
Read More Costa Rica’s Ministry of Finance has reduced tax on alcoholic beverages by 0.34% under Article 1 of Law 7972. The revised tax rates are mentioned in MH-DGH-RES-0049-2024, which was published in the Official Gazette on 11 October 2024 and will
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Costa Rica’s Tourism Board (ICT) issued a draft regulation for public consultation which outlines new guidelines for the collection, management, and enforcement of the 5% tax on international flight tickets sold within Costa Rica. The draft
Read More Costa Rica’s Executive Branch has published the Executive Decree No. 44658-H in the Official Gazette on 30 September 2024, outlining the movable property tax brackets for the 2025 tax year. It also includes revised tax brackets for motor
Read More Costa Rica’s General Directorate of Taxation (DGT) and the Costa Rican Institute on Drugs (ICD) updated the regulations governing the beneficial ownership registry; they jointly issued Resolution No. MH-DGT-RES-0020-2024 / DG-336-2024 in the
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On 16 September 2024 the OECD published the simplified peer review report on Costa Rica under Action 14 of the project on base erosion and profit shifting (BEPS). Members of the OECD Inclusive Framework have committed to implementing the minimum
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