viernes, 23 de agosto de 2013

Owners of vacation residences must pay their taxes │ Costa Developers

taxes
taxes
Hoteliers indicate that there is a disparity between the application of taxes for hotels and vacation properties.
A new clarification in the records of the Costa Rican Tourism Institute (ICT) and the Ministry of Finance has intensified efforts to strengthen tax and patents that are paid on the residences holidays throughout the country.
"No we are trying to discourage the renters" said Herman Navarro, the Manager of tourism by the ICT.
the incomes from rentals properties in Costa Rica emerged on the scene after the crisis of 2008 by people who owned vacation properties and stopped coming, so it began to rent their properties or sold them to rental companies." This has led to reducing the demand of visitors to hotels.
The owners of the hotels think that competition is not what causes affectations, but that hotels should cancel taxes unlatched to vacation properties, ranging from sales tax, social security for its employees, payments to the Ministry of health and others not.
To start the implementation of this new law, the Ministry of finance in conjunction with the ICT conducted an investigation where it was found that there are several of these properties, for example in Jaco Beach about 23, Manuel Antonio a 36 and on the coast of the Caribbean a 38.
The ICT indicates that this represents unfair competition among hotels and rental properties, since every dollar earned by the hotels is to re invest about three or four times, while investing in 1 or 1.3 times for vacation properties.
This occurs because the vacation properties should not be so frequent in infrastructure, services and personnel investments. In some places, hotels pay an amount to those in charge of monitoring the coast, while the properties not canceled these amounts and receive the benefits.
This aims to of there is a balance of occupation between independent vacation properties and hotels which offer the same service to both.
Posted by Costa Developers

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