Date Set for Payment of Corporation Tax in Costa Rica

The new tax will be charged from April 2012 and will be $262 for active registered companies, and $132 for inactive ones.

Wednesday, January 11, 2012

The Ministries of Finance and Justice will receive the first payment of the new corporation tax this April, said Costa Rican officials.

The new tax is $262 (135,000 colones) for active registered companies, and $132 (68,000 colones) for inactive ones. In 2013, the tax will be higher: about $349 (180,000 colones) for active corporations, and about $174 (90,000 colones) for inactive ones, reported

With the income from this tax rise, approved last year by the Legislature, the government expects to raise about $68 million (35,000 million colones) to be directed towards strengthening the security budget.

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