{"id":1072,"date":"2024-10-28T02:18:10","date_gmt":"2024-10-28T02:18:10","guid":{"rendered":"https:\/\/ics.cr\/?p=1072"},"modified":"2025-01-23T02:21:54","modified_gmt":"2025-01-23T02:21:54","slug":"legislature-approves-tax-exemption-for-public-trusts","status":"publish","type":"post","link":"https:\/\/ics.cr\/en\/asamblea-legislativa-aprueba-exenciones-fiscales-para-fideicomisos-publicos\/","title":{"rendered":"Legislative Assembly approves tax exemptions for public trusts"},"content":{"rendered":"<p><em>Costa Rica's Legislative Assembly approved a bill that exempts trusts for public works projects from income and capital gains taxes, thus facilitating investment in infrastructure. This measure, proposed under file 24.002, encourages public-private collaboration and seeks to reduce costs in projects such as roads and bridges. The law will enter into force after its publication in the official gazette La Gaceta.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tax Reform in Public Trusts<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Legal Framework<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>File 24.002<\/li>\n\n\n\n<li>Income tax exemption<\/li>\n\n\n\n<li>Capital gains exemption<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Impact<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Reduction of infrastructure costs<\/li>\n\n\n\n<li>Promotion of public-private partnerships<\/li>\n\n\n\n<li>Investment in public works<\/li>\n<\/ul>\n<style>\r\n.lwrp.link-whisper-related-posts{\r\n            \r\n            margin-top: 40px;\nmargin-bottom: 30px;\r\n        }\r\n        .lwrp .lwrp-title{\r\n            \r\n            \r\n        }.lwrp .lwrp-description{\r\n            \r\n            \r\n\r\n        }\r\n        .lwrp .lwrp-list-container{\r\n        }\r\n        .lwrp .lwrp-list-multi-container{\r\n     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           \r\n            \r\n            \r\n        }@media screen and (max-width: 480px) {\r\n            .lwrp.link-whisper-related-posts{\r\n                \r\n                \r\n            }\r\n            .lwrp .lwrp-title{\r\n                \r\n                \r\n            }.lwrp .lwrp-description{\r\n                \r\n                \r\n            }\r\n            .lwrp .lwrp-list-multi-container{\r\n                flex-direction: column;\r\n            }\r\n            .lwrp .lwrp-list-multi-container ul.lwrp-list{\r\n                margin-top: 0px;\r\n                margin-bottom: 0px;\r\n                padding-top: 0px;\r\n                padding-bottom: 0px;\r\n            }\r\n            .lwrp .lwrp-list-double,\r\n            .lwrp .lwrp-list-triple{\r\n                width: 100%;\r\n            }\r\n            .lwrp .lwrp-list-row-container{\r\n                justify-content: initial;\r\n                flex-direction: column;\r\n            }\r\n            .lwrp .lwrp-list-row-container .lwrp-list-item{\r\n                width: 100%;\r\n            }\r\n            .lwrp .lwrp-list-item:not(.lwrp-no-posts-message-item){\r\n                \r\n                \r\n            }\r\n            .lwrp .lwrp-list-item .lwrp-list-link .lwrp-list-link-title-text,\r\n            .lwrp .lwrp-list-item .lwrp-list-no-posts-message{\r\n                \r\n                \r\n                \r\n                \r\n            };\r\n        }<\/style>\r\n<div id=\"link-whisper-related-posts-widget\" class=\"link-whisper-related-posts lwrp\">\r\n            <h2 class=\"lwrp-title\">Related Posts<\/h2>    \r\n        <div class=\"lwrp-list-container\">\r\n                                            <div class=\"lwrp-list-multi-container\">\r\n                    <ul class=\"lwrp-list lwrp-list-double lwrp-list-left\">\r\n                        <li class=\"lwrp-list-item\"><a 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Registry are published.<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/tax-administration-imposes-significant-penalties-for-irregularities-committed-by-businesses\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Tax Administration imposes significant penalties for irregularities committed by businesses<\/span><\/a><\/li><li class=\"lwrp-list-item\"><a href=\"https:\/\/ics.cr\/en\/avoid-mishaps-use-the-electronic-invoices-correctly\/\" class=\"lwrp-list-link\"><span class=\"lwrp-list-link-title-text\">Avoid pitfalls: Use electronic invoices correctly<\/span><\/a><\/li>                    <\/ul>\r\n                <\/div>\r\n                        <\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>New law exempts public works trusts from income and capital gains taxes, boosting Costa Rican infrastructure investment<\/p>","protected":false},"author":2,"featured_media":733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11,14],"tags":[],"class_list":["post-1072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias","category-impuestos"],"acf":[],"_links":{"self":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts\/1072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/comments?post=1072"}],"version-history":[{"count":2,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts\/1072\/revisions"}],"predecessor-version":[{"id":1075,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/posts\/1072\/revisions\/1075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/media\/733"}],"wp:attachment":[{"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/media?parent=1072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/categories?post=1072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ics.cr\/en\/wp-json\/wp\/v2\/tags?post=1072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}