Costa Rica Updates Corporate and Individual Income Tax Brackets and Rates for 2022

Costa Rica's Ministry of Finance has issued Executive Decree No. 43375-H, which was published in the Official Gazette on 22 December 2021. The Decree sets the corporate and individual income tax brackets and rates for 2022.
For corporate income tax, the 30% rate applies for companies with gross income exceeding CRC 112,070,000, while the progressive rates for smaller companies with gross inco…
Continue Reading