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Costa Rica introduces new annual tax on corporations

Monday, April 9, 2012

Costa Rica has introduced a new annual tax on all corporate structures, pegged to average public sector salaries.

For "active companies" registered in Costa Rica -- those undertaking commercial activities -- the tax is equal to half the average monthly base salary of a public sector employee.

For "inactive companies" -- those used to house personal assets but which do not undertake commercial activities -- the tax is half this amount, or 25 percent of the base salary.>

Source: Tax-News