Tax Exemption Ends for 90 ProductsDue to the government’s need to increase tax revenue in Costa Rica several types of meat and fruit will incur sales tax of 13% from Monday .Thursday, May 3, 2012
Among the types of products that will be taxed from now on with 13% sales tax are beef and pork loins, beef tenderloin and pork t-bone, Delmonico, sirloin, salmon, rice paella, risotto, shrimp, lobster, oysters, kiwi, plums, prunes, cherries and peaches, reports Nacion.com. Source: Nacion.com U.S. Meat with Free Entry to Costa RicaJanuary 2020 As part of the FTA signed between the two countries, since January 1, 2020 beef and pork from the U.S. do not pay tariffs or taxes on entry into Costa Rica. Costa Rica: Global Income and VAT in Proposed Tax PlanJune 2014 Replacing Sales Tax with VAT, applying a system of global income and maintaining exemptions in free zones are part of the projects being prepared by the government. New List of Products Exempt from VATMay 2012 In Costa Rica, the Ministry of Finance has published a new list of products exempt from the basic VAT of 13%. Costa Rica Prepares New Tax MeasuresApril 2012 In light of the failure of the first draft of the tax reform, the Government has announced more taxes, the end of exemptions on luxury goods and tax on remitted abroad.
×
|
![]()
|