Costa Rica Income Tax Rates for 2009 Fiscal Year.
In Costa Rica the Fiscal Year for tax purposes runs from October 1st to September 30th of each year.
The Income Tax Rates for the Fiscal Year Ending September 30th, 2009 are set forth below:
1. Individuals with a Business Activity.
This tax rate applies to individuals who carry out a business or trade on their own as self employed individuals.
.
2009 Net Income Amount | Tax Rate (october 2008 to September 2009) |
Up to ¢2.599.000 | No Tax (Exempt)
|
Excess of ¢2.599.000 Up to ¢3.880.000 |
10% |
On the Excess of ¢3.880.000 Up to ¢6.473.000 |
15% |
On the Excess of ¢6.473.000 Up to ¢12.972.000 |
20% |
On the Excess of ¢12.972.000 |
25% |
2. Calculations for Corporations
If you operate as a corporation then you will be subject to the following tax rates.
Net Income x Tax Rate Indicated Below = Tax Rate
Total
2009 Net Income |
Rate (october 2008 to September 2009)
|
Up to ¢38.891.000 |
10% |
Up to ¢78.231.000 |
20% |
In Excess of ¢78.231.000 |
30% |
