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Originally Posted by ricks
With Costa Rica moving towards taxation on world wide income to residents, like Canada and the US, where does that leave companies like IwantU and others established there?
Certainly the primary advantage for locating there was the tax-free status on International type businesses like dating sites and online casinos.
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Our accounting is well set up and any new regulatations will NOT affect our position and location. We have moved to Costa Rica for several other reasons that make it worthwhile for us to remain here, no matter how the Tax laws change.
Moreover, the new regulation has not been approved yet. If you know Costa Rica, you know that things take time here
Cheers