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    Proposal for the “Renta Mundial Tax” Does Not Have Support in National Assembly

    Instead of promoting proposals that affect the economic reactivation and the image of the country as a business destination, as is the...

    Legislative Assembly Fast Tracks Law Project Seeking Moratorium on Value Added Tax for the...

    The project "Law of Moratorium on the Value Added Tax for the Basic Food List, Home Rentals...

    The Costa Rican Tourism Institute Decrees a Moratorium for Companies With Regards To Payment...

    A tax moratorium related to taxes of $ 15 and 5% for touristic companies that submit non-payment...

    Tourism Organizations Met With Carlos Alvarado

    Costa Rica. The Costa Rican Association of Tourism Professionals coordinated a meeting with the presidential candidate for the Citizen Action Party, Carlos Alvarado....

    Learn why fuel is so expensive in Costa Rica

    Have you ever wondered where the thousands of millions of colones go that drivers spend every day on each liter of fuel? It is common to...

    To Import or Not to Import: That is the Costa Rican Question

    With Black Friday and Cyber Monday just around the corner, it may be tempting to make online purchases, but will the savings be worth...

    Costa Rican Company Saves ¢600,000 Per Month Thanks to Solar Panels

    After installing solar panels to generate all their electricity, the Costa Rican company Florex has been able to save ¢600,000 per month. The vice president...

    Time for Costa Rican Companies to Pay the Piper; Business Taxes Due in January

    The Costa Rica News (TCRN) – By January, active companies and foreign corporations with branches or agents in Costa Rica must pay income tax...

    New Bill Will Award Green Companies Big Tax Breaks for Their Carbon Emission Conscious...

    The Costa Rica News (TCRN) – A bill is being debated in Costa Rica Legislature that proposes to reward companies that reduce their carbon...

    Attention Costa Rica Importers and Exporters: A VAT Hike is Imminent Over the Next...

    The Costa Rica News (TCRN) - The Minister of Finance, Helio Fallas, has confirmed that a bill is on the horizon for the Value...

    Fine Reduction Available for Those Unable to File Their Costa Rica Taxes Yesterday

    The Costa Rica News (TCRN) - Despair, anguish and anger: Many Costa Rican taxpayers who tried to submit their income taxes yesterday can related...

    Last Chance to File Your 2014 Costa Rica Income Taxes! The Deadline is December...

    The Costa Rica News (TCRN) - Monday, December 15 is the deadline for filing your 2014 Costa Rica income tax. The Director of Taxation,...

    New Regulations Eliminate Income Tax for Those Who Earn Less Than 793,000 Monthly

    The Costa Rica News (TCRN) – People who receive a gross salary (i.e. without deductions for taxes and social security contributions) less than 793,000...

    New Bill Seeks to Eliminate Dividend Taxes for Costa Rican Corporations

    The Costa Rica News (TCRN) – Deputy Otto Guevara Guth introduced the legislative bill No. 19,274, entitled: "Elimination of Tax on Dividends" which aims...

    Behind on Your US Expat Taxes? Now’s the Time to Get Caught Up!

    The Costa Rica News (TCRN) - There are approximately 7.6 million Americans living and working overseas (over 50,000 in Costa Rica alone) and it...

    Thousands of Illegal Cigarettes Seized Near Paso Canoas

    The Costa Rica News (TCRN) - Over the weekend, Costa Rican police officers seized a large quantity of cardboard boxes containing hundreds of packs of...

    South Korean Thread Manufacturer Creates Jobs for Cartago

    The Costa Rica News (TCRN) – A South Korean company in Cartago is building a plant to manufacture threads. The company will have a construction...

    Are You an Expat From the USA? Don't Forget To Do Your Taxes

    Many American expats are unaware that they are subject to U.S. income taxes regardless of where they live and where they make their income....

    Financial Institutions Pressing Back on Foreign Account Tax Compliance Act

    US Tax Payers with accounts get compliance date pushed ahead to 2014 The Law on Foreign Account Tax Compliance (FATCA, Foreign Account Tax Compliance Act),...

    Costa Rica clamping down on tax evaders

    SAN JOSÉ, Costa Rica – The government is clamping down on businesses and individuals who defraud the state by failing to pay taxes. The government...

    Taxation of U.S. Citizens Who Live and Work in Costa Rica

    Taxation of U.S. Citizens Who Live and Work in Costa Rica In a previous article, I explained the broad reach of the U.S. taxing jurisdiction...

    Who is Subject to U.S. Taxation?

    A number of U.S. citizens have arrived in Costa Rica with the mistaken belief that living or working in a foreign country relieves them of their ongoing obligations to file tax returns
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