Costa Rica has published Executive Decree No. 41799-H in the Official Gazette, which provides for the implementation of two additional individual tax rate brackets of 20% and 25% on employment income introduced as part of Law No. 9635. The brackets and rates are as follows for three months, from 1 July 2019 to 30 September 2019:
- up to CRC 817,000 - 0%
- over CRC 817,000 up to 1,199,000 - 10%
- over CRC 1,199,000 up to 2,103,000 - 15%
- over CRC 2,103,000 up to 4,205,000 - 20%
- over CRC 4,205,000 -…