Costa Rica Expertise LLC

Categories: Taxes, Business Taxes, Property Taxes, Tax Due Dates

11/14/05

10:25:58 pm, Categories: Taxes, Tax Due Dates, 777 words

Tax Collector's Web Site Not Exactly Helpful

By Garland M. Baker
Special to A.M. Costa Rica

December and Christmas in Costa Rica is the prelude to tourism season and better weather, but this also is the time of the year to file certain crucial tax forms.

Everyone knows that life has two certainties: death and taxes. There is another: The national tax authority’s Web site stinks. It stunk last year, the year before that and the year before that. This year it is fancier with new graphics, new links, and a new search engine. They have obviously spent some money on revamping the interface much like the Instituto Costarricence de Turismo with its $880,000 site. However, it still does not work properly.

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08/01/05

09:37:45 am, Categories: Taxes, Business Operations, Technology, Accounting Practices, 805 words

Transparency Phantom Stalking Bank Info

Accounts are open book to investigators

A phantom with a whip stirring up all the money that lies below it

By Garland M. Baker
Special to A.M. Costa Rica

This is a scary story about a phantom called Transparency that is creeping secretly into everyone’s life. Thanks to Transparency, individual and corporate bank accounts are becoming open books for tax investigators from all over the world.

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03/14/05

02:16:45 pm, Categories: Taxes, Business Taxes, 845 words

This Easter Bunny Has Pair of Very Sharp Fangs

Annual cultural tax can really bite you

Man with shirt in Costa Rican flag stripes is hung upside down by an arm labeled taxes
The tax bunny cometh

By Garland M. Baker
Special to A.M. Costa Rica

Everyone with a Costa Rican corporation, limited company or any other type of legally structured entity is required to file a form called D-110 in order to pay their education and culture taxes due March 31 every year.

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12/20/04

03:09:57 pm, Categories: Taxes, Business Taxes, 801 words

The Tax Man Throws the Citizens a Curve Ball

By Garland M. Baker
Special to A.M. Costa Rica

The 2004 tax year was full of surprises. One major surprise was that the tax filing deadline for Form D.101 Version 2 was Dec. 15 instead of the normal Dec. 31. Tributación Directa, the tax collecting agency, and its parent, the Ministerio de Hacienda, the treasury department, did little to announce the change. The earlier date was not on their Web sites, which continue to work erratically.

Historically, the tax deadline for filing and paying income taxes was Dec. 31. An obscure change in the law moved the date to two and one-half months after the close of a company’s fiscal year. Most businesses use Oct. 1 to Sept. 30 as the fiscal year.

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02:58:36 pm, Categories: Taxes, Tax Due Dates, Business Taxes, 333 words

A Brief Run-down of Annual Tax Dates

A run-down refrigerator with Tax Deadlines 2005 posted on the door

To avoid getting a surprise from the tax man this next tax year, print and pin this article to your refrigerator.

Here are the most important tax filing deadlines for those who read A.M. Costa Rica. Explanations of the taxes may be found in the adjacent news story about tax deadlines.

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