It's a good news, bad news story in La Nación today regarding the import duties for new and used cars brought into Costa Rica. The site is in Spanish, but here's my rough translation of the most pertinent part of the story:
"According to the tariffs that have applied until now, new and second-hand cars of no older than three years faced a consumption tax of 30 % , cars four or five years old 40%, and more than six years old 53%.
In the next 10 working days, new and second-hand cars up to six years old will face a consumption tax of 30 % and will have an entire tax load of 53 % while cars seven years and older will see a tarriff of 48%."
The good news is that this is supposed to be a "tax cut" though it probably doesn't feel like such great news for most folks who initially pay the tax, and those who are paying it indirectly in higher car prices.
|Anyone know the make and model?|
Questions? Well, I have a few that maybe expats here with more expertise in these matters can answer:
- Is the 53% "entire tax load" really on all cars up to six years old or just new ones?
- What's in that difference between the basic tariff and the full load (23%)? 13% of it must be sales tax, right?
- Is there a "full load" figure for the older cars paying the 48% base tariff?
- Where the heck does all this money go? Let me rephrase that: where is the money supposed to go? I'd wager it's not going into better roads.