Tax Appraisals for Hacienda Costa Rica

Our appraisals cover Costa Rica's entire tax and fiscal spectrum. Ministry of Finance (Hacienda), Tax Administration Directorate: inheritance transfer, donations, Solidarity Tax, capital contributions, regularizations, asset declarations. National Registry: transfer registration, registry value updates. Municipalities: property tax appeals when cadastral value is wrong, improvement declarations, land-use procedures. IFRS accounting: revaluation of real estate fixed assets for audited financial statements (IAS 16). Customs: fiscal value of imported machinery for entry tax calculation. ARESEP / Comptroller General: asset valuation in regulatory proceedings.

Every report documents the value and its technical basis so it can support your filing with Hacienda, the National Registry, or the municipality; each entity reviews it with its own criteria. Technical market value: calculated with defensible tax criteria, neither overestimated (unnecessary tax) nor underestimated (risk of upward adjustment). Public comparables from the National Registry: foundation based on recorded transactions, easily auditable by Hacienda. Photographs: current state of the property at appraisal date. Detailed calculation memorandum: method applied step by step. Attached registry documentation: cadastral plan, ownership study, municipal certification. Signature and license number of the appraiser: for property tax, Law 7509 (art. 10 bis) requires the appraisal to be done by a member of the CFIA or of the Colegio de Ingenieros Agrónomos (the professional body for agronomists). Each report is signed by one of our own appraisers. Díaz Peritajes is a firm of several professionals, founded by Ing. José Alberto Díaz V., CFIA-licensed since 1982 (license ICO-3075). The methodology follows CFIA standards and International Valuation Standards (IVS).

Tax valuation requires a particular technical balance: defend the value rigorously but with conservative criteria to avoid disproportionate taxes. We apply International Valuation Standards (IVS) and CFIA standards adapted to Costa Rica's tax context. Market comparison method as primary methodology for residential properties and land. Cost minus depreciation method for specialized structures. Income capitalization method for income-generating properties (leased stores, hotels). Reference to official Hacienda tables: when the authority publishes specific criteria (e.g., IFRS depreciation coefficients), we integrate them into the memorandum. Temporality criterion: valuation as of the relevant tax date (date of death for inheritance, current date for Solidarity Tax, accounting close for IFRS).

Our reports, signed by our own appraisers, serve as technical support in tax and municipal procedures in Costa Rica. Ministry of Finance (Hacienda): support for declaring the value at every tax administration (Large Taxpayer, South, North, Central). National Property Registry: support for the value in transfers and registry updates. Municipalities: support when declaring the value or appealing a municipal property tax assessment in any of the 84 municipalities; each entity decides with its own criteria. Auditors and accountants: technical support for IFRS financial statements and external audits. Nationwide coverage from Pérez Zeledón and Curridabat. When an inheritance or donation involves assets in multiple cantons, we consolidate them into a single report for administrative efficiency. Fees adjust for travel when the property is outside our bases in Pérez Zeledón and Curridabat.