Philip Morris International Will Stop Producing Cigarettes in Costa Rica

The Mendiola & Compañía, a subsidiary and 100% owned by Philip Morris International (PMI),...

Netflix Yes, Amazon No With Respect To The VAT

The Ministerio de Hacienda (Ministry of Finance) explained on Friday that the proposed 13%...

Uber Trips Would Be Taxed If VAT Is Approved

Legal or not, the tax plan that is in the process in Congress,  if...

Internet Purchases Would Pay Double Tax, If Propose Tax Reform Approved

Purchases made online in Costa Rica would have two types of taxes, if the...

Tax on Soft Drinks and Snacks Heats Up Tax Reform Debate

The inclusion of a tax on plastic containers and another on ultra-processed food, proposed...

An End To Excessive Perks For Government Employees Proposed

The majority of legislators declared war on a series of salary bonuses ("pluses salariales"...

Tax on Cement

A bill that is being discussed in the Legislative Assembly proposes establishing a tax...

One Step Closer to a Tax Reform

The Costa Rican Legislature has accepted a fast track bill that would transform the...

Electric Cars A Reality In Costa Rica As Tax Exemption Ready To Be Applied

At least four new car dealers are ready to bring more electric cars to...

Drop In Vehicle Imports Affects Tax Revenue Collection

The decrease in vehicle import last year has resulted in a contraction in the...

The 2018 Marchamo Explained (Q&A)

This is the last week of the week for more the owners of more...

Hacienda (Taxation) Confirms Internet Purchases Of Up To US$500 Are Tax Exempt

The Ministerio de Hacienda (Ministry of Finance) confirmed, through a statement issued today (November...

Three Families Receive A Quarter Of Government Spending On Rent

Five corporations (Sociedades Anominas or S.A.s'), controlled by three families, receive 24% of the...

Tax Avoidance Is A Booming Industry

The so-called Paradise Papers may sound familiar – leaked documents from a law firm...

Government Proposes To Charge 4% VAT Tax On Airline Tickets, Books and Machinery

Expected today, Thursday, is the government's final draft of its tax reform that establishes two...

Government Decides To Propose A 13% VAT

Being more feasible to obtain the 29 votes needed in Congress, the Government decided...

Corret Income Tax for Foreigners Investing in Costa Rica Stock Market Is 8%

Since September 25, foreigners who acquire securities from the local stock market will have...

Assets of Dissolved Corporations Are Not Lost

A common practice by many foreigners (and Costa Ricans alike) is to hold property,...

Bill Proposed To Lift Bank Secrecy Law in Costa Rica

Bank secrecy (or bank privacy) prohibits banks in Costa Rica providing to authorities personal...

What Happents To Property Of Dissolved Corporations For Not Paying The ‘Corporations Tax’??

In less than two weeks, on September 1, the 'Corporations Tax', (Impuesto Personas Juridicas...

‘Corporations Tax’ Amnesty For 90 Days

From September 1 to December 1, companies can take advantage of an amnesty to...

Government Proposes To Charge A 15% Tax For Using Services Like Netflix

Intent on solving the country's current financial problems, the government today (Thursday) presented to...

Costa Rica, UAE To Prevent Double Taxation

Costa Rica and the United Arab Emirates successfully negotiated an agreement to prevent double...

Telecom Tax Proposed To Fund 911 Service

Costa Rica's Legislative Assembly has received a proposed tax on mobile and fixed telephony...

Taxation Evaluating Asking The U.S. For Information On Airbnb Hosts in Costa Rica

Although Airbnb has offered to collect the sales tax for transactions made on rentals...

New VAT Expected To Be Kept At 13 Percent

Q COSTA RICA - Costa Rica may opt for a lower value-added tax (VAT)...

Costa Rica’s Electronic Invoicing Could be Done in Dollars

Q COSTA RICA - An amendment to the regulations of the income and sales...

Panama Papers Law Firm Founder Says Scandal Set Off Tax Shelter Boom in US

Q24N (AFP) - The co-founder of the law firm at the center of the...

New Car Dealers Forced To Register 2018 Cars As 2017

Q COSTA RICA - When is a 2018 model car year a 2017?  When...

The Corporations Tax Is On. Legislators Approve Bill In Second And Final Debate.

Q COSTA RICA - On Thursday, March 16, legislators approved in second and final...

Attorney General: Decree Restricting Importation Of New Cars Is Unconstitutional

Q COSTA RICA - "It restricts the freedom of commerce and implies an intrusion...

Legislators Get Constitutional Green Light To Revive ‘Corporations Tax’

Q COSTA RICA - The Constitutional Court or Sala IV as it is commonly...

LATEST

Woman Charged With Production Of Pornography and Having Sexual Relations With A Minor

The video that was on a 14-year-old's cellular phone was evidence enough for police to arrest a woman who took advantage sexually of the...
video

(Video) Italian Gives The World Cup Anthem Competition

Italian multimillionaire entrepreneur Gianluca Vacchi and singer Sebastian Yatra have created a video to become the potential for the official theme, as excitement is...

Parallel Worlds – Seeing Red Again

Our world. My wife and I drove to a lunchtime party at Los Sueños, (The dreams), an enormous luxury housing development on Costa Rica's...

Nicaraguans In Costa Rica In Peaceful Demonstration In Front of Their Embassy in San Jose

A group of Nicaraguans in Costa Rica demonstrated Friday afternoon in front of their country's Embassy located in Barrio la California, on the east...

Confrontation Leaves One Dead and Several Injured at Crucitas mine

A clash between 'coligalleros' and the police apparently left one dead death and several injured in the Crucitas mine, confirmed Friday night Costa Rican...

La Sele Unveils Alternate Uniform

Costa Rica's national team - "La Sele" or "La Tricolor" - lived its sweetest moments in World Cups by using the alternate uniform. In...

In 1895 Argentina Had the World’s Highest GDP Per Capita: What Went Wrong?

It is widely known that towards the end of the 19th century Argentina had managed to position itself as one of the richest countries...

TRENDING / POPULAR

Anne Hathaway’s Leaked Personal Pictures Go Viral

American actress Anne Hathaway is the latest celebrity to fall victim to the hackers, who shamelessly filtered the intimate photos of the actress with...

American Tourist Dies In Isla del Coco Shark Attack

The National Coast Guard Service of the Ministry of Public Security (Servicio Nacional de Guardacostas, del Ministerio de Seguridad Pública) confirmed the death of...

10 Countries Reputed As The Ultimate Place For Sex Tourism (Guess Who Isn’t?)

QCOSTARICA - Normally, tourists travel abroad to visit famous landmarks, culture or do fun things. Also there is a group of tourists who travel...

Female Tiger Shark Attacked American Tourist Who Died in Isla del Coco

The survivor of the shark attack in the Isla del Coco on Thursday, the 26-year-old diving guide identified by his last name Jimenez, said...

How Will Hurricane Irma Affect Costa Rica?

As Hurricane Irma makes its way through the Caribbean and Floridians ready for Irma's potential landfall, how will it affect Costa Rica? Although Hurricane Irma...

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98% in Costa Rica Use A Cellular Phone, Study Reveals

Only 5% of adults living in Costa Rica do not currentty have a cellular phone. This according to a poll by Demoscopia commissioned by...

Intelinea Carries 6.500 Passengers In First Day

More than 6.500 passengers used the Interlinea buses on the first day of service Thurdsay.  Silvia Bolaños, deputy minister of Transport, described the service...

Air France Will Fly For The First Time to Costa Rica

QCOSTARICA - With two weekly direct flights starting on November 2 to the Juan Santamaria (San Jose) airport, Air France will start operating in...

Playa Pelada – Nosara

Playa Pelada is arguably the most beautiful beach in Nosara. Pelada is a small, curving white sand beach tucked between Punta Nosara and Punta...

10 Ways Soccer and Organized Crime Mix in Latin America

Soccer has long been a unifying force in Latin America. When the World Cup begins on June 12, televisions in homes across the region...