The Income tax rates and personal allowances in Costa Rica are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Costa Rica Tax Calculator 2019.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from ₡ 0.000.00 | to | ₡ 817,000.00 |
| 10% | Income from ₡ 817,000.01 | to | ₡ 1,199,000.00 |
| 15% | Income from ₡ 1,199,000.01 | to | ₡ 2,103,000.00 |
| 20% | Income from ₡ 2,103,000.01 | to | ₡ 4,205,000.00 |
| 25% | Income from ₡ 4,205,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from ₡ 0.000.00 | to | ₡ 3,628,000.00 |
| 10% | Income from ₡ 3,628,000.01 | to | ₡ 5,418,000.00 |
| 15% | Income from ₡ 5,418,000.01 | to | ₡ 9,038,000.00 |
| 20% | Income from ₡ 9,038,000.01 | to | ₡ 18,113,000.00 |
| 25% | Income from ₡ 18,113,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 10% | Flat rate on all taxable income | ||
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Costa Rica periodically and typically updated each year. Not that not all tax rates and thresholds in Costa Rica change annually, alterations to tax policy to support strategic economic growth in Costa Rica mean that the certain areas may be focused on to provide specific tax relief in Costa Rica or support growth in certain areas (overseas invstment in Costa Rica for example may mean reduced non-resident income tax rates in Costa Rica for a period).
When tax policy in Costa Rica changes, the resultant tax tables also change. Tax tables in Costa Rica are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Costa Rica, the Costa Rica tax tables also include specific notes and guidance on the validity of scenarios (for example, qualifying criterea for specific tax relief / allowances) and notes of the calculation of phaseout of specific tax elements within each taxation group (dividends and corporation tax thresholds in Costa Rica for example).
Costa Rica Tax Tables may also be referred to as Costa Rica Tax Slabs, Costa Rica personal allowances and tax thresholds or Costa Rica business tax rates. They all refer to the tax tables, whether in whole or as specific sections/categories of the tax tables therein. In the section, we publish all 2019 tax rates and thresholds used within the 2019 Costa Rica Salary Calculator. This means that if you are aware of a 2019 tax exemption or 2019 tax allowance in Costa Rica that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Costa Rica Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Costa Rica Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Costa Rica simple, we achieve this my making the Costa Rica tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2019 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2019 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Costa Rica income tax rates and personal allowances used in the associated income tax calculator for the same tax year.