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Published on
Monday, November 4, 2024
To avoid fines,
about 1.9 million vehicle owners must
pay the Marchamo tax in advance
before January 1, 2025, announced the
Institute of Insurance (INS). The Marchamo
is a compound tax on the right to drive
a vehicle in Costa Rica. It is
comparable to the United States' Road
Use Tax, which is placed on vehicles to
pay for road upkeep and infrastructure,
among others. The Ministry of
Finance receives more than 60% of the
tax as revenue. This tax is for 2025 and
must be paid in advance once a year. Vehicle owners may
now obtain the information and determine
the tax expense. The institute has
allowed the Consulta/Marchamo
website. to
determine the final tax payment amount. Once on the site,
the owner must input the vehicle's plate
number. The system then provides
information on the car value and the
corresponding tax amount. Ministry of
Finance, is the state organization in
charge to set the cost of vehicles. If
the ministry calculates a more costly
vehicle's price than the market value,
there is a revision option by choosing
the "Solicitud
de Revision" or requesting a
revision on the vehicle's value. The online
Complaint Form offers an opportunity to
claim the vehicle's value. The complaint
should include bills of proof such as
the original invoice or agreement bill,
as well as at least three car sales
advertisements (of the same model, year,
and style) with prices lower than those
set by the ministry.
---------------- What have you heard about expats having trouble paying the Marchamo tax? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com
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