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This transfer pricing provides us a combined total of $110,901, our itemized deductions of $19,349 and exemptions of $14,600 stay the same, giving us a total taxable income of $76,952.

But your employer in addition has to pay 7.65% with the income he pays you for your Social Security and Treatment. Most employees are unaware of this extra tax money your employer is paying you r. So, between you including your employer, the costa rica government takes 14.3% (= 2 times 7.65%) of one's income. For anyone who is self-employed get yourself a the whole 15.3%.

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