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CR Tax 2020

Costa Rica Tax Tables 2020 - Tax Rates and Thresholds in Costa Rica

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This page contains the tax table information used for the calculation of tax and payroll deductions in Costa Rica in 2020. These tax tables are used for the tax and payroll calculators published on iCalculator™ CR, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Costa Rica or would like to add to or suggest amendments to the information herein then please contact us.

Costa Rica Personal Income Tax Tables in 2020

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 2020.

Costa Rica Residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
0%Income from ₡ 0.000.00to ₡ 840,000.00
10%Income from ₡ 840,000.01 to ₡ 1,233,000.00
15%Income from ₡ 1,233,000.01 to ₡ 2,163,000.00
20%Income from ₡ 2,163,000.01 to ₡ 4,325,000.00
25%Income from ₡ 4,325,000.01 and above
Costa Rica Non-residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
10%Flat rate on all taxable income

In Costa Rica, social security deductions made by employees are not deductible when calculating taxable income. This means that the contributions towards social security programs, such as healthcare and pension funds, are not subtracted from the gross income of individuals for the purpose of determining their taxable income. Consequently, these social security deductions do not reduce the taxable income of employees in Costa Rica, and thus, do not affect their overall income tax liability.

Costa Rica Social Security and Payroll Deduction Rates in 2020

In Costa Rica, the social security system involves mandatory contributions from both employees and employers, aimed at funding a variety of social welfare programs. These contributions are essential in providing a range of benefits to workers and their families.

Costa Rica Social Security in 2020: Rates for Employers and Employees
CategoryEmployeeEmployerTotal
Medical & Maternity5.5%9.25%14.75%
Disability, Old Age & Death Benefits4%0%4%
Workmens Savings Banks1%0%1%
Basic Pension Scheme0%5.25%5.25%
Banco Popular Employer Fee0%0.25%0.25%
Family Assignations0%5%5%
Social Aid (IMAS)0%0.5%0.5%
INA0%1.5%1.5%
Contribution from Banco Popular Employer0%0.25%0.25%
Labor Capitalization Fund0%3%3%
Complementary Pension Fund0%0.5%0.5%
National Insurance Institute (INS)0%1%1%
Costa Rica Social Security and Payroll Deduction in 2020: Earnings Thresholds for Employers and Employees
CategoryEmployeeEmployer
Min.Max.Min.Max.
Medical & Maternityn/an/an/an/a
Disability, Old Age & Death Benefitsn/an/an/an/a
Workmens Savings Banksn/an/an/an/a
Basic Pension Schemen/an/an/an/a
Banco Popular Employer Feen/an/an/an/a
Family Assignationsn/an/an/an/a
Social Aid (IMAS)n/an/an/an/a
INAn/an/an/an/a
Contribution from Banco Popular Employern/an/an/an/a
Labor Capitalization Fundn/an/an/an/a
Complementary Pension Fundn/an/an/an/a
National Insurance Institute (INS)n/an/an/an/a

Costa Rica VAT Rates in 2020

VAT rates for Costa Rica are reviewed annually, you can use the VAT Calculator to calculate VAT due in Costa Rica or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Costa Rica VAT Rates
VAT RateVAT Description
5%Reduced Rate
10%Reduced Rate
13%Standard Rate

Historic Tax Tables supported for Costa Rica

The following tax tables are supported by iCalculator™ CR as part of the suite of free tax tools we provide for Costa Rica.