Costa Rica's Legislative Assembly is considering Bill 23760, which provides for the introduction of a new Income Tax Law, replacing the current Income Tax Law, Law No. 7092 of 1988. The new Income Tax Law includes three main taxes: i) the Personal Income Tax (IRPF), ii) the Corporate Income Tax (IRPJ), and iii) the Non-Resident Income Tax.

Personal Income Tax (IRPF)

The Personal Income Tax (…