Taxes on costa rica inactive company

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  • August 23, 2012 at 12:00 am #164639
    Foxwater
    Member

    Any help with thus one. Set up a company 1 year or so and funded it but just never got serious about worki g it, although i am sure i have expended deductable travel and related cost trying to get it going.

    August 23, 2012 at 1:13 pm #164640
    DavidCMurray
    Participant

    Uh . . . Is there a question?

    August 23, 2012 at 3:29 pm #164641
    elindermuller
    Member

    The only tax to be paid on this one would be the new corporation tax, the rate for inactive corps.

    In order to make it active it has to be reported at the tax department (tributación) as a business. In order to deduct expenses it needs a taxable income, I guess……..

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