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Costa Rica
Friday, May 27, 2022
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Corporate Tax

Costa Rican legislator praises Trump’s tactics as he eyes new presidential bid

Libertarian lawmaker and former presidential candidate Otto Guevara says he'll decide next year whether to run for president, but that his party should learn a few things from U.S. President-elect Donald Trump's playbook.

Public Security minister says he’ll resign if not given more funds for policing

Costa Rica's National Police force currently has some 14,000 officers. Public Security Ministry Gustavo Mata says there should be at least 18,000.

Lawmakers look to reinstate corporate tax law

Costa Rica's Legislative Committee on Financial Affairs approved a bill to reinstate the country’s corporate tax law, which was ruled unconstitutional in 2015.

Tax on Costa Rica corporations is unconstitutional, says court

The Constitutional Chamber of the Supreme Court, or Sala IV, on Wednesday evening ruled three articles of the country's Corporate Tax Law unconstitutional, and as a result, collection will be suspended starting next year. The tax must be paid this year, however, by this Saturday's deadline.

Only 35 percent of Costa Rican corporations will pay taxes on time

Those failing to pay corporate taxes will be blocked from doing business starting Feb 1.

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