New Tax per Square Meter of Housing Construction Rising in 2013

    Must Read

    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    If you are planning to build a home in 2013, taxes on the work could cost between 29% and 41% compared to the values adopted for the year 2012.

    This increase will apply to the type of house and according to the parameters set by the Directorate General of Income Tax Office and this value is for all those new homes. In the case of existing homes, owners must qualify for a formula to subtract the years of depreciation.

    According to information from the Directorate General of Taxation, for fiscal year 2013 will need to issue the Securities Manual for Unitary Base of building, which is part of the pricing model property Technical Standardization Body (ONT).

    Moreover, the application of this increase will also affect owners of luxury homes, since for tax purposes documentation detailing a description of each type of construction, installation and work must included and calculated on added value.

    In the case of condominiums, the value of all common areas must be multiplied by the percentage allocated to each subsidiary proportionality. This percentage value on common areas adds to the value of the private area to get the total value.

    In the tax return form solidarity specific boxes are available for the breakdown value of the condo and assign both the total value of the condominium as corresponding to each of the homes.

    The Costa Rica News (TCRN)
    San Jose Costa Rica

    Resonance Costa Rica
    At Resonance, we aspire to live in harmony with the natural world as a reflection of our gratitude for life. Visit and subscribe at Resonance Costa Rica Youtube Channel
    - Advertisement -
    - Advertisement -
    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    CulturAncestral: A Cultural Exchange Event to Dive into Indigenous Traditions

    On March 16th and 17th took place the first edition of CulturAncestral. It was organized by the Sovereignty Alliance...
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »