You might not know it yet, but soon we’ll have capital gains tax in Costa Rica. How will this interfere with your home and your real estate investments in Costa Rica? Will this new tax law hurt future business in Costa Rica? One of our beach property affiliates told me this week that a seller […]
Do your homework on who pays taxes in Costa Rica, which taxes and when they have to be paid. This guide will assist you in having you always up to date on all your Costa Rican tax payments. That’s because the government won’t tell you and you will find out when it’s too late. This […]
Property owners who live out of the country often ask if they can make property tax payments online. The short answer is yes; you can make your property tax payments online. But, as you probably expected, it’s not as easy as it sounds. The reason is, that you need to have an account at Banco […]
Are you amongst the more than 250,000 corporate owners whose corporation was dissolved by the Public Registry for non-payment of the Corporate Tax? If your corporation was dissolved by the Public Registry, what happened to your property? During the real estate boom of 2007-2008, real estate developers set up corporations so that their clients, could […]
Great news: we have a November 2017 update Corporation tax. Thankfully the tax authorities are reacting to the mess they’ve created on the Corporation tax and form D140. I can assure you, it is driving me nuts. Last Update: The tax authorities have decided to re-do form D-140 again, I have deleted the old forms […]
Last week’s article about the requirement for inactive corporations to file Form D-140 has generated lots of emails and comments on our social media. NOTE: When I wrote this blog, I had published Form D-140 from 2011 that was replaced by a new form in 2016. A reader on the social media said there were two […]
Now, a Costa Rican corporation filing is also required, if your corporation is inactive. Just paying the 2017 corporation tax is not enough. In another blog, I already explained what and how you can make the 2017 corporation tax payments. The Finance Ministry of Costa Rica has decided that the new corporation tax also requires […]
The corporation tax 2017 payments can be made now. If you own a corporation in Costa Rica, you have to pay corporation tax. All information given in this article was changed, several times, by the Costa Rican Tax Office. For up to date information (made on 2/22/2018) go to the November 2017 Update Corporation tax […]
Did you know that tax overdue corporations will be dissolved by the National Registry? If you own a Costa Rican corporation and have not paid your corporation tax up to date, you might be in trouble. That is if your corporation owns property or a vehicle. New laws are not always a good thing. In my […]
Did you know that every property owner in Costa Rica has to present a property value declaration every 5 years? Probably not eh… In most countries around the world, property owners receive notice from the tax authorities that they have to pay their property taxes. Not in Costa Rica though! Like so many other things […]
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by Ivo Henfling
