Wednesday, December 26, 2012

Higher corporation tax will be 189,700 colons

By the A.M. Costa Rica staff

As expected, the base judicial salary on which the tax on corporations is figured has increased.

Owners of active corporations will have to pay 189,700 colons by Jan. 15 to avoid interest and the freezing of the company. That is about $380.

Those owning inactive corporations include many expats who hold vehicles and real estate is sociedades anĂ³nimas or limited liability corporations.

The tax bill for inactive corporations will be half that for active entities or 94,850 colons, about $190.

Costa Rica law sets many fines and taxes on what is called base salary. It is the salary of an auxiliar administrativo 1 who works in the Poder Judicial.

When the president signed the bill for the new tax in
2011, the base salary was 316,200 colons or about $622. So the tax on corporations, which went into force this April 1 was half that, $311.

But before the ink was dry, judicial workers got a raise to 360,000 colons a month, so the tax increased, too.

This is the first year that owners of corporations will pay the full tax.

The base salary affects many other aspects of daily life. The base salary system is used so that taxes and fines keep pace with inflation.

Judicial officials are generous to employees. The 19,400-colon raise to the auxiliar administrativo 1 represents an increase of about 5.4 percent. That is more than the annual increase in the nation's minimum wages and for salaries elsewhere in the government.

Saturday, December 8, 2012

San Juanillo, A Hidden Paradise

 
By Pinar Istek
A Sunday afternoon road trip through the dusty roads between Guiones Beach and San Juanillo took us to a town where our car engine seemed to disturb the silence. At first glance, with the soccer field, the church and the school that create the center of the town, it didn't look that different from any other Costa Rican coastal towns. However, arriving at the San Juanillo Beach made the first big difference.
The turquoise color of the water captures one's attention as soon as the beach comes into sight. This short and narrow, yet beautiful beach is populated with local fishermen.
Santiago Cerdaz Hurtado, a member of the Fisherman Association of San Juanillo, and many other local fishermen offer boat tours to see the turtles at Ostional Beach, with the possibility of seeing dolphins, whales and stingrays as well.
The real surprise came when we made our way through a narrow dirt path to the second beach, Venice Beach. With similar water quality, Venice Beach is longer and even more desolate than San Juanillo Beach. For a quiet afternoon of reading, family time or just spending some loner time, this beach couldn't be any better and the sunsets are magnificent.
Snorkeling in San Juanillo, on either beach, is among the best in the area as it provides the opportunity to see the rich marine life near the beach. Because it is possible to swim out to see the fish, many visitors prefer snorkeling without taking a boat tour.
San Juanillo is located on the west coast of Costa Rica along the Pacific Ocean. Nearby towns are Marbella to the north, and Ostional, Nosara and Garza to the south. It is 17 km from Guiones Beach. Private transportation is the best way to access to this gorgeous town.
For such a small town, San Juanillo offers a rich selection from the world cuisine. A classical dish of the Americas, ceviche, at Soda El Cruce, Italian pizza at La Bahia, vegetarian serves and smoothies at Ancient People, specialty pastas at Buddha Bar and Costa Rican dishes at Soda Mundo Feliz are culinary options to satisfy any appetite.
When you get tired of the crowded surfing beaches and are in need of some private time, San Juanillo is a good destination to visit.