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Costa Rica Sets Corporate and Individual Income Tax Brackets and Rates for 2024

|Approved Changes|Costa Rica
Costa Rica

Costa Rica's Ministry of Finance has issued Executive Decree No. 44276-H, which was published in the Official Gazette on 7 December 2023. The Decree sets the corporate and individual income tax brackets and rates for 2024.

For corporate income tax, the 30% rate applies for companies with gross income exceeding CRC 120,582,000, while the progressive rates for smaller companies with gross incom…

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