Thursday 16 September 2021

Beware Of Shops Double Taxing: IVA + IVI

Consumers complaints of being charged the new value added tax PLUS the old retail sales tax (13% + 13%) on their purchases

Paying the bills

Latest

Italy to bring in vaccine passes for entire workforce

ROME — Italy is to require the country's entire...

Number of minors victims of the pandemic in Costa Rica reaches 19

QCOSTARICA - A baby of one month and 20...

CCSS activates ‘vacunatón’ against covid-19

QCOSTARICA - Starting this Friday, and for 10 days,...

MOPT eliminates driver re-education for points accumulated in license for violating vehicle restriction

QCOSTARICA - Drivers who were sanctioned for violating the...

Costa Rica celebrated its 200th!

QCOSTARICA  - The 200 years of the Independence of...

Legislator Melvin Núñez, who rejected the vaccine, hospitalized

QCOSTARICA - Restauración Nacional party legislator, Melvin Núñez, who...
Paying the bills

Share

Be alert of retail stores of charing the Impuesto al Valor Agregado (IVA) – the Value Added Tax (VAT) that went into effect on July 1, PLUS, the old retail sales tax (IVI).

Both add 13% to the price of an item, the difference is that with the introduction of the IVA, the IVI is no longer applied.

- Advertisement -

However, there have been reports on the social networks of unscrupulous retailers charging customers 13% (IVA) + 13% (IVI), that is 26% on purchases.

The alert is made by the Defensoria de los Consumidores de Costa Rica, an agency of the Ministerio de Economia, Industria y Comercio (MEIC) – Ministry of the Economy – after receiving in their profile of “feis” (Facebook page) complaints from customers

“There are people who posted this, so we take the opportunity to alert and clarify to our followers that the products they normally bought at the super (supermarket) or pulpe (corner store) do not have to change their prices, because the value added tax ( VAT) came to replace the sales tax, which was already charged before,” explained Eric Ulate, president of Consumidores de Costa Rica.

Most retail prices in Costa Rica have included the tax on purchases, the IVI before July 1 and now the IVA, which should not change the retail price of a product at all.

Ulate explains that consumers have complained of being charged the 13% IVA on top of the price that included the 13% IVI, which results in double taxation.

“They tell us that the invoice gives them the VAT item and a message that says ‘all our prices have the sales tax included’, however, we do not know if it is a message that was left in the system by mistake or if it is double charging,” said Ulate.

- Advertisement -

Ulate emphasized that the consumer has the right to be clearly told what the final price of the product is before buying it.

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Will that be Cash or Sinpe Móvil?

QCOSTARICA - Sinpe Móvil is easy to use. From your phone,...

Consumers: Who are the Most Optimistic for 2021?

QCOSTARICA - Regarding what is expected economically for 2021, in Panama,...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.