Costa Rica | Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source
Costa Rica | Taxes on income, profits and capital gains (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 17.46031746
1973 18.51851852
1974 15.91836735
1975 14.52145215
1976 16.16438356
1977 17.08428246
1978 15.82608696
1979 14.87341772
1980 13.68563686
1981 14.62217861
1982 17.32237228
1983 16.8979011
1984 13.2215503
1985 12.65544989
1986 10.85043988
1987 9.43207763
1988 9.16552668
1989 9.22544686
1990 9.7928749
1991 8.94659119
1992 8.44507593
1993 9.69448343
1994 10.66862871
1995 11.03649977
1996 10.72684293
1997 10.80614141
1998 11.9769627
1999 14.60857048
2000 12.92220464
2001 13.55360363
2002 13.54654642
2003 14.75876915
2004 14.72925461
2005 14.7814221
2006 14.32852188
2007 15.83439337
2008 17.37639496
2009 16.57721102
2010 16.49746901
2011 15.53576338
2012 15.07130361
2013 15.62212947
2014 15.63060196
2015 15.51298286
2016 15.75383858
2017 17.42223333
2018 16.49355513
2019 17.15476552
2020 16.39968136
2021 17.6482401
2022

Costa Rica | Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source