“Indirect Transfers” of real estate properties shall pay Transfer Tax.

Modification of the Real Estate Property Transfer Tax Law came into effect on September 28, 2012.

On September 28th of this year (2012), the new Law on Tax Management Improvement (Law number 9069) was published on the Official Newspaper (La Gaceta). This new Law has established very important changes on several matters related to taxes. Continue reading ““Indirect Transfers” of real estate properties shall pay Transfer Tax.”

Corporations must keep their Stockholders Registry Book up to date.

Fine of one “base salary” (approximately 360,600 colones, around $732) in case of non-compliance.

On September 28, 2012, the Fiscal Transparency Enforcement Law, Law Lumber 9068, was published in the Official Newspaper (La Gaceta), and it has introduced several important changes in regards to the fulfillment of the tax obligations and in regards to some aspects of the handling of corporations. Continue reading “Corporations must keep their Stockholders Registry Book up to date.”