Costa Rica Considering Alternate Tax Year for Certain Taxpayers
Costa Rica is considering the introduction of an alternate calendar tax year (1 Jan to 31 Dec) for certain taxpayers. Costa Rica's standard tax year is 1 October to 30 September.
Taxpayers that would be eligible for the alternate tax year include:
- Public institutions that are obliged to set their budget period between 1 January and 31 December;
- National airlines and related companies;
- Institu…