Tax reform bill passes first debate; strike will continue
General strike
5483 views
General strike
5483 views

Tax reform bill passes first debate; strike will continue

Alejandro Zúñiga - October 5, 2018

Costa Rica’s controversial fiscal reform proposal took a step toward becoming law Friday evening when the Legislative Assembly approved the bill after a lengthy first debate. The…

Cats march through streets, rats scared, milk supply runs low
Costa Rica
7281 views
Costa Rica
7281 views

Cats march through streets, rats scared, milk supply runs low

Alejandro Zúñiga - September 26, 2018

San José — In a display of the movement’s continued momentum, tens of thousands of protesters once again shut down streets throughout Costa Rica’s capital Wednesday. A…

Costa Rican government and unions willing to start a dialogue to end the strike
News
6312 views
News
6312 views

Costa Rican government and unions willing to start a dialogue to end the strike

AFP - September 18, 2018

President Carlos Alvarado told NC Once news that the government is set to talk with unions and announced that the Minister of Labor, Steven Núñez, will appear…

Sparks of violence on third day of tax-reform protests
General strike
8079 views
General strike
8079 views

Sparks of violence on third day of tax-reform protests

AFP and Tico Times - September 13, 2018

Violence broke out on the third day of tax-reform protests in Costa Rica. Protesters confronted police outside the Legislative Assembly in San José on Wednesday afternoon and…

Finance Minister: Costa Rica needs drastic spending cuts
Economy
2095 views
Economy
2095 views

Finance Minister: Costa Rica needs drastic spending cuts

AFP - May 31, 2018

Costa Rica's new Finance Minister, Rocío Aguilar, presented a package of drastic cuts to public spending at the Legislative Assembly on Wednesday and asked legislators to support…

Higher and ampler sales tax recommended
Business
8930 views347
Business
8930 views347

Higher and ampler sales tax recommended

John Connor - August 2, 2017

The Costa Rican government is very interested in forming part of the Organization for Economic Co-operation and Development (OECD http://www.oecd.org/ ). The OECD is formed by 35…

Government tables draft bills aimed at approving fiscal reforms
Business
1532 views2
Business
1532 views2

Government tables draft bills aimed at approving fiscal reforms

L. Arias - January 28, 2017

President Luis Guillermo Solís will table a series of draft bills at the Legislative Assembly designed to increase government income and curb the country’s fiscal deficit, Casa Presidencial…

Finance Ministry submits tax reform bills to Legislative Assembly
Business
1092 views
Business
1092 views

Finance Ministry submits tax reform bills to Legislative Assembly

L. Arias - August 12, 2015

The Costa Rican government moved this week to reform the country's tax laws in an effort to attack the growing fiscal deficit, which has begun to raise…

Government wants to hike taxes to boost income
Business
1020 views9
Business
1020 views9

Government wants to hike taxes to boost income

L. Arias - March 14, 2015

Finance Ministry officials this week presented a series of amendments to Costa Rica's sales and income tax laws in the hopes of increasing revenue by around ₡600,000 million ($1.1 billion). That…

Restaurant owners say 2 percent bank charge on credit, debit transactions could cause problems
Business
801 views2
Business
801 views2

Restaurant owners say 2 percent bank charge on credit, debit transactions could cause problems

L. Arias - October 9, 2014

Representatives of the Costa Rican Restaurants Chamber (CACORE) warned this week that restaurant owners could face liquidity problems from a 2 percent charge that banks will assess on all dining payments made with credit and debit…