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Letter to the Editor: Collect the taxes that are due!

What I am going to suggest as an answer to the fiscal crisis in Costa Rica is simple. Collect the taxes that are due and payable through enforcement. In the U.S., we had the IRS with frightening power. When I lived in Russia we had what...

Ministry of Finance Toughens Stand Against Income Tax Fraud

The Ministerio de Hacienda (Ministry of Finance) seized the machinery of the company Representaciones Artísticas Mayfa S. A., a company dedicated to the manufacture of wooden pallets. The seizure (embargó in Spanish) was to recover a little more than ¢1.053 million colones in tax arrears...

Tax Bill Requires Electronic Invoices Of Businesses and Professionals

(QCOSTARICA) If the bill approved in first debate last week receives final legislative approval, the Dirección General de Tributación (Tax Department) will be able to access in real-time, invoices issued by both businesses and professionals providing services to the public. The bill, that was approved...

Collection of Tax Liabilities Upfront

QCOSTARICA - The Attorney General's Office  (Procuraduría General de la República) is recommending to the Constitutional Court that it reject the appeal which seeks to outlaw the power of the taxation department to proactively collect tax debts. The appeal to the Constitutional Court (or Sala...

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