Thousands of Luxury
Homes Owners Miss "Luxury Tax" Deadline
Friday, January 15, 2010, was an important
day for owners of luxury homes, a day to pay
up their "luxury tax" that is imposed on
every home valued over ˘100.000.000 colones.
The ministerio de Hacienda (Revenue
ministry) estimates between 10.000 and
12.000 homes are subject to the tax, whose
owners face a penalty of up to 10 times the
taxed amount for non paying up on time.
Although there was are exact numbers,
however, Francisco Fonseca, Director de
Tributación, estimates several thousands of
home owners did not pay up by the 8pm
deadline on Friday. Fonseca said that the
exact number of late payers will be
available this week.
With the tax, Hacienda expects to collect
some ˘10 billion colones in new revenue.
The tax can be paid directly at the "oficinas
de Tributación" or at any of the 16 banks
and financial institutions authorized for
the tax collection.
For more information on the tax, call 2547
0069 or the Ministerio de Hacienda website
www.hacienda.go.cr/
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