Accountancy in Costa Rica

>> Withholding Taxes in Costa Rica

Interest

Interests borne by securities in local currency (colones) are taxed at the source with 15% tax on them, without any deduction. If securities are traded at the National Stock Exchange, tax is reduced to 8%.

Securities in foreign currency issued by the government or by the government banks are exempted from this tax, and the securities issued in foreign currency issued by Banco Popular y de Desarrollo Comunal and the National Banking System for housing.

Royalties

People domiciled outside the territory and receive royalties from Costa Rican sources are taxed with a tax on remittances abroad at a 25%-rate.

Dividends

These are taxed at a 15%-rate when shares have not been acquired at the National Stock Exchange and at a 5%-rate when acquired at the National Stock Exchange and traded there.

 


Latest version updated 10th April 2019

Country Breakdown

4.9

Million

Population

?

Costa Rican colón

Currency

$ 57.06

Billion

GDP

51,100

km2