Finance Ministry submits tax reform bills to Legislative Assembly
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Business
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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
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Business
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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…

Solís administration proposes bill to cancel tax debts for some tourism businesses
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Business
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Solís administration proposes bill to cancel tax debts for some tourism businesses

L. Arias - November 13, 2014

President Luis Guillermo Solís on Tuesday evening sent the Legislative Assembly a bill proposing the cancellation of a backlog of sales taxes, interest and fines for tourism businesses…

Tourism entrepreneurs urge President Solís to block retroactive sales tax
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Business
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Tourism entrepreneurs urge President Solís to block retroactive sales tax

L. Arias - August 21, 2014

Leaders of the National Tourism Chamber (CANATUR) sent President Luis Guillermo Solís a letter asking him to block a Finance Ministry decree ordering tourism businesses to collect sales tax on several tourism…

Tourism chambers outraged over latest Tax Administration order for businesses to collect sales tax on tourism activities
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Business
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Tourism chambers outraged over latest Tax Administration order for businesses to collect sales tax on tourism activities

L. Arias - August 12, 2014

Concerns by the National Tourism Chamber (CANATUR) became a reality on Friday as the Tax Administration issued an order to businesses to begin charging sales tax on all tourism activities. The Tax…

Solís blocks added sales tax on national park entrance fees, a decree passed days before he took office
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Business
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Solís blocks added sales tax on national park entrance fees, a decree passed days before he took office

L. Arias - August 5, 2014

Last Friday, President Luis Guillermo Solís and Environment Minister Edgar Gutiérrez signed a decree eliminating a 15 percent sales tax on national park entrance fees. The act…

Tourism sector blasts decree charging sales tax to national park entrance fees
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Business
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Tourism sector blasts decree charging sales tax to national park entrance fees

L. Arias - July 24, 2014

Tourism business owners on Wednesday voiced total opposition to a new Environment Ministry (MINAE) decree extending the collection of a 15 percent sales tax to several activities…