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Revision as of 08:24, 8 October 2026
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So, between you including your employer, the costa rica government takes 17.3% (= 2 times 7.65%) of one's income. If you are self-employed instead of the whole 15.3%. That makes his final adjusted gross income $57,058 ($39,000 plus $18,058). After he takes his 2006 standard deduction of $6,400 ($5,150 $1,250 for age 65 or over) in addition to personal exemption of $3,300, his taxable income is $47,358.
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