Costa Rica Income Tax Rates for 2010 Fiscal Year
The Fiscal year in Costa Rican ends on September 30, 2010. All Costa Rican tax returns are due by December 15, 2010. The tax obligation threshold varies each fiscal year. The information contained below is the published tax rates for the Fiscal Year ending September 30, 2010 as published by the Ministry of the Treasury of Costa Rica. The applicable tax form for income taxes is the D-101 Form.
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.
Net Income Amount
(October 2009 to September 2010)
Up to ¢2.747.000
No Tax (Exempt)
Excess of ¢2.747.000
Up to ¢4,102.000
On the Excess of ¢4,102.000
Up to ¢6.843.000
On the Excess of ¢6.843.000
Up to ¢13,713.000
On the Excess of ¢13,713.000
2. Calculations for Corporations
If you operate as a corporation then you will be subject to the following tax rates. The calculation is a two (2) step process. First you determine the Gross Income of the corporation. The Gross income will determine the applicable tax rate according to the tax rate set forth below. However, the second step once you have your tax rate is to calculate the tax by multiplying the rate by your Net Income.
(october 2009 to September 2010)
Up to ¢41,112,000
Up to ¢82,698,000
In Excess of ¢82,698,000
2. Use the Tax Rate X Net Income = Tax Due