Costa Rica Expertise: March 2019

Monday, March 4, 2019

Here is a summary of new tax law complexities

By: Garland M. Baker B.
Exclusive to A.M. Costa Rica

Editor's Note: While this article was accurate at the time of publication, some information may now be outdated. We are currently preparing a comprehensive update. Sign up for our Alerts to be notified as soon as the revised content is live!

The tax news coming out of the government for the last several months is complicated and confusing. Most people do not understand what is going on. Ticos do not comprehend the technical verbiage of the laws. Most expats cannot make sense of the gibberish because many of them do not read or speak the Spanish language.

Here is a concise summary focusing on the two tax policies in the news, Law 9416 and Law 9635.