Costa Rican legislators OK new bills to fight tax evasion

August 28, 2012

Forty-two lawmakers unanimously voted on Monday in favor of two bills they say will help the Tax Administration fight tax evasion and punish taxpayers who have committed irregularities on their tax returns.

The first bill passed Monday is the Law for the Enforcement of Standards in Fiscal Transparency, and the second is the Law for Strengthening Tax Management.

The National Liberation Party’s top lawmaker, Fabio Molina Rojas, said most of the changes, such as doubling fines and penalties for infringements, will allow the Tax Administration to improve tax collection and maintain better control over tax revenue.

The new Strengthening Tax Management Law also provides measures for fiscal transparency by allowing the exchange of tax information between countries, as requested by the Organization for Economic Cooperation and Development.

The bills were passed in a second and final round of voting, and will now move to the desk of President Laura Chinchilla for signing.

Facebook Comments

You may be interested

Costa Rica issues invitation to Commission on Human Rights following murder of Bribrí leader
Costa Rica
460 views
Costa Rica
460 views

Costa Rica issues invitation to Commission on Human Rights following murder of Bribrí leader

AFP and The Tico Times - March 23, 2019

Costa Rica on Friday invited the Inter-American Commission on Human Rights (IACHR) to visit indigenous territories in the country’s southern…

Costa Rica falls to Guatemala, 1-0, in soccer friendly
Costa Rica
506 views
Costa Rica
506 views

Costa Rica falls to Guatemala, 1-0, in soccer friendly

AFP and The Tico Times - March 23, 2019

The Guatemalan national soccer team defeated its Costa Rican counterparts 1-0 on Friday night in a friendly in the Guatemalan…

Vaccinating children against measles is ‘an obligation’ for adults in Costa Rica
Costa Rica
913 views
Costa Rica
913 views

Vaccinating children against measles is ‘an obligation’ for adults in Costa Rica

Alejandro Zúñiga - March 23, 2019

Measles have been reintroduced in Costa Rica this year thanks to two foreign families that vacationed or reside here and…