The Costa Rican Tourism Institute (ICT) agreed a payment moratorium for four months (April, May, June and July) to companies that owe taxes to the Institution. The decision is made in the context of the unprecedented health and economic crisis resulting from COVID-19. This resolution was finalized this Tuesday with the agreement of the Board of Directors SJD-092-2020.
The ICT charges a 5% tax for the sale of each air ticket that originates in Costa Rica for international travel. In addition, there is another 5% tax that is applied to the purchase of tickets whose destination is our country. The above is added to the charge corresponding to $ 15 for the income of each tourist by air and which precisely provides the budget content to the ICT for its operation and the promotion of the country.
Aware of the zero income season that will last for at least three months in the tourism sector, the Board of Directors of the Institution approved these measures to help alleviate the overwhelming blow of this crisis to the Costa Rican tourism sector and the country.
“The seven members of the Board of Directors are absolutely clear about the situation facing the tourism sector and we know that companies will have problems of lack of liquidity and therefore a decrease in their ability to pay to meet their expenses,” said María Amalia Revelo , Minister of Tourism and Executive President of the ICT.
She added that the Board of Directors took “measures in order to support the administrated that for years have fulfilled their tax obligations with the ICT, allowing with their contributions that the Institution grows in its tourism development programs in our country.”
Detail of the proposed moratorium
The administrative collection processes and transfer of accounts to judicial collection that occur in March, April, May and June for the payment of said taxes, will be postponed for three months. Those processes corresponding to the month of March will begin their collection management in June and so on, while the judicial collection processes that are active today will remain in force.
The tax moratorium in relation to taxes of $ 15 and 5% on air tickets will be granted to companies that submit requests for non-payment due to liquidity problems in the months of April, May, June and July 2020. They will have a term To make the payment of the due until November 30, 2020, term in which, they will not have to pay tax interests, nor will administrative or judicial collection processes be carried out.
As a requirement to grant the moratorium, companies must be up to date with their payments to the Costa Rican Social Security Fund and the Ministry of Finance as of February 29, 2020.
They also maintain the formal duty to file tax returns for the aforementioned periods. Companies that do not qualify according to the above, have the possibility of requesting payment arrangements with the ICT.
For the companies that maintain payment arrangements with the Institution, it was agreed to postpone the cancellation of the following four installments corresponding to the months of March, April, May and June, without these accruing the collection of late interest, or any collection management. administrative and judicial. With the above, the four postponed installments will be paid in their order on a monthly basis, from the final date established in the payment arrangement formalized with the Institution.
As for the administrative collection processes and transfer of accounts to judicial collection for this type of tax that occur in the months of March, April, May and June, they will be deferred for three months, that is, those processes corresponding to the month of March, they will start their collection management in June, and so on. In any case, the judicial collection processes that are currently active remain in force.
As part of the agreement, the Board of Directors may extend the postponements and the approved moratoriums, as deemed appropriate, taking into account the national economic reality as a consequence of the effects of the COVID-19 pandemic and justifying it in a reasoned manner.
Companies that are in this situation or want to expand details for monitoring a particular situation can contact the ICT entry area at the phones 2299-5902, 2299-5892 and 2299-5893 or write to the email ana.araya @ ict.go.cr