Costa Rica: Updated base salary amount, penalty - KPMG Global
close
Share with your friends

Costa Rica: Updated base salary amount, penalty calculation purposes

Costa Rica: Updated base salary amount, penalty

The amount of the base salary for penalty calculation purposes has been updated.

1000

Related content

For the year 2019, the base salary is ₡ 446,200 (approximately U.S. $760).

This amount is used in determining tax penalties that are defined by reference to base salary terms—for example, penalties that are imposed on taxpayers for failures to file tax returns or failures to provide certain information regarding transparency or final beneficiaries.


Read a January 2019 report (Spanish and English) [PDF 46 KB] prepared by the KPMG member firm in Costa Rica

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

Request for proposal