Lawyers, Laws & Taxes
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IRS Clarifies Offshore Investment Reporting Rules Again
As its name indicates, Form 8938?s focus is on foreign financial assets. Fortunately, the threshold for filing Form 8938 is relatively ...
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Seriously Disturbing Tax News For U.S. Citizens Living in Costa Rica: IRS Withholds Foreign Investor’s Tax-Free Income at 30%
It's already withholding 30% of all U.S. income generated from U.S. securities accounts owned by non-resident aliens (NRA). That's only ...
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DIMEX Mandatory for Banking Purposes.
Well, DIMEX stands for Migratory Identification Document for Foreigners, so in plain words this means the Residency Card, so you do have to ...
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Department of Immigration Clarifies Income Requirements for Rentista Category
The new regulations adhere to the text of the new law which provides that the incomes is to be received in a stable and permanent manner ...
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Costa Rica’s Rentista Residency Application. Income requirement is now much easier.
An interesting change to the Application requirements for this Category under the new Regulations to the Law, just published, is that the ...
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Taxes in Costa Rica… Are like rivers they “flow into the sea, Yet the sea is not full…To the place where the rivers flow, There they flow again”. (Ecclesiastes 1:7)
As most of you should know by now (I hope), President's Chinchilla administration has proposed some new tax laws. The most ambitious was ...
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FATCA: Big Brother Goes Global
No, what concerns me the most is that just like people, governments often imitate each other. And when it comes to tax collection, ...
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The Education and Culture Stamp Tax. System now available online.
Starting now, the Tax Administration has enabled online payments for this little tiny tax at most of the banks with online banking service.
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Costa Rica Corporations – The three types
The company is managed by one or several managers who may or may not be shareholders. While the simplicity of operation is a benefit of ...
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Costa Rica Laws – Using a Shelf Corporation in Costa Rica
In Costa Rica purchasing property in the name of a corporation has become very common practice. As a result many law firms offer ...
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