Costa Rica

Personal tax credits

Individuals are permitted annual tax credits, as shown below:

Notes

1. Only self-employed individuals who receive commissions, fees, royalties, or other forms of income for services rendered, and those who receive interest or rental income from local sources, must file a tax return. If both spouses earn income, they must submit individual returns, in which case the personal child credit can be credited by only one of the spouses. The present legislation does not contemplate joint filing.
2. The child allowance is permissible only if the child is a minor, is unable to work, or is a university student under 25 years of age.