13% VAT for the tourism sector came into effect
Since July 1, a 13% VAT has been applied to the tourism sector. This measure is based on a transitional provision incorporated in the Law for Strengthening Public Finances (Law 9635) of 2019
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Self-employed workers and occupational risk insurance
Occupational risk insurance provides self-employed workers with access to medical and hospital coverage in the event of any eventuality related to their economic activity.
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VAT on education services backed by promissory notes
Should the amounts recovered for accounts receivable at the administrative or judicial level for promissory notes pay VAT? Can manifestly uncollectible debts from 2017 to 2020 be applied as deductible expenses?
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Rental activities and integration of income by legal assignment
The tax authorities issued resolution DGT-R-058-2019, which establishes the obligation of taxpayers to inform the tax authorities that they are going to declare their income from real estate and/or movable income under the income tax regime.
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Remove Costa Rica from EU gray list
Currently, there are three projects in the legislative process with the aim of removing the country from this list: the Government’s initiative, another from the PUSC party, and the third presented by the Liberal Progressive party.
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