Costa Rica: Tax Figures up to March 2017

Tax revenues went from a rate of change of 7% in March 2016, to a rate of 8.5% in the same month of this year.

Monday, April 24, 2017

From a statement issued by the Ministry of Finance:

Authorities at the Treasury announced the performance of the central government's fiscal figures at the end of the first quarter of the year, which indicate how tax revenues continue to show good results, going from a rate of change of 7% in March 2016 to 8.5% in the same period this year.

The performance of taxes on income and profits, which has maintained its double-digit growth since 2015, is noteworthy. This accounts for the average rate of change of 17.6%, reached between March of that year and March of 2015, as opposed to the average rate of variation observed between March 2011 and March 2014, which was 9.1%.

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