On 25 September 2015, Costa Rica published in the Official Gazette the decrees amending the corporate and individual income tax brackets for the 2015-2016 tax year. The brackets are adjusted, although the rates remain the same.
Corporate income tax brackets and rates:
- up to CRC 53,320,000 - 10%
- CRC 53,320,001 up to 105,241,000 - 20%
- over CRC 105,241,000 - 30%
Individual employment income tax brackets and rates:
- up to CRC 787,000 - 0%
- CRC 787,001 up to 1,181,000 - 10%
- over CRC 1,181,000…