Yearly Archives: 2015

QCOSTARICA - The government on Tuesday proposed transforming the current sales tax of 13% to a Value Added Tax (VAT), levied both on goods and services, at a rate of 15%. The proposal by the Ministry of Finance (Ministerio de Hacienda) establishes a gradual adjustment: in the first year, the...

CENTRAL AMERICA NEWS - In 2014 the medical tourism industry in El Salvador generated revenues of US$21.2 million, 8.5% more than was generated in 2013. In 2014 19,000 tourists, mostly from the United States, visited the country to have a procedure or undergo treatment, whose average prices are up to...

TODAY COLOMBIA - Clearing Colombia of landmines is likely to take at least 10 years, and cost more than $200 million, the government said days after announcing rebel group FARC would help in landmine removal in the event of peace. President Juan Manuel Santos, the High Commissioner for Peace Sergio...