Costa Rica: Presumptive income | KPMG | GLOBAL

Costa Rica: Presumptive income, non-domiciled transportation and communication companies

Costa Rica: Presumptive income

Costa Rica’s Treasury Department (Ministerio de Hacienda) released a draft of a resolution intending to modify existing guidance concerning the minimum contribution margin under the rules that apply for presumptive income attributable to non-domiciled entities that are involved in the international transportation or communication business.

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With this change, the tax contribution margin could not be lower than the overall industry average. Thus, a parent company’s request for a contribution margin below the median observed in other companies in the international transportation or communications business sector would not be honored. Instead, the contribution margin would automatically be set at the average rate. On the contrary, if the proposed margin is greater than the industry amount, the request would be allowed.

The draft will be published in the official journal, to provide a 10-day comment period. 

 

Read a June 2017 report (Spanish and English) [PDF 156 KB] prepared by the KPMG member firm in Costa Rica

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