Sunday 13 June 2021

Drop In Vehicle Imports Affects Tax Revenue Collection

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

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...

Businesses to be fined if they do not accept plastic

Although not as common as it used to be, a business not accepting plastic...

It’s January and that means it’s “tax time”!

QCOSTARICA - The first month of 2021 has a calendar abundant in declarations and...

Property tax on vehicles will decrease 8% for 2019

The owners of 2,391,602 vehicles will feel a relief when paying the property tax...

Costa Rica: Tax and Construction Sector

QCOSTARICA - The union of builders has warned that the proposed sales and income...

Uber And Its Drivers “Must Pay Income Tax”

QCOSTARICA - Being a Uber driver is not as simple as registering as a...

President signs law that frees tourism of VAT for another year

(QCOSTARICA) President Carlos Alvarado, this Tuesday singed the law that exempts, for another year,...

ATV and TICA Systems will be out of service this weekend

The Ministry of Finance (Ministerio de Hacienda) said ti will suspend this weekend the...

Used Electric Vehicles To Be Exempt From Tax

In an effort to limit the emission of polluting gases, the government signed on...

Uber Trips Would Be Taxed If VAT Is Approved

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

New VAT Payment Scheme for Agribusiness

From October 1, Costa Rican producers and suppliers in agricultural and fisheries work will...

IMF loan must be approved in the Assembly no later than the beginning of June

QCOSTARICA - The Legislative Assembly must approve the US$1.75 billion dollar "soft" loan from...

Reduction in 2021 Marchamo proposed

This week, two bills were presented in the Legislative Assembly this week with the...

It’s Marchamo Time!

The mandatory Marchamo - annual vehicular circulation permit - for 2020 for the 1,560,343...

Costa Rica Hails Recognition Of Tax Transparency Progress

QCOSTARICA via Tax-News.com - Costa Rica has welcomed recognition from the Organisation for Economic...

An End To Excessive Perks For Government Employees Proposed

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

Legislators, ministers, magistrates and others in goverment would pay the full 2021 Marchamo

QCOSTARICA - The members of the supreme powers such as legislators, ministers, magistrates and...

Reforma Fiscal (Tax Reform) Now Law!

It didn't take days to publish the Reforma Fiscal (Tax Reform) passed in second...

Costa Rica Taxpayers would pay millions in fines for ‘factura electrónica’ errors

As the obligatory 'factura electrónica' or electronic invoicing approaches for almost all taxpayers, it...

Telecom Tax Proposed To Fund 911 Service

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

Costa Rican President Solis Urges Legislators To Approve Tax Reforms

QCOSTARICA - Approaching mid term and delays in getting through his tax reform plan,...

Are You Paying Too Much In Taxes?

“In this world nothing can be said to be certain, except death and taxes,”...

Government Decides To Propose A 13% VAT

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

2021 Marchamo collection is on!

QCOSTARICA - At 2:00 pm this Monday, the owners of more than 2.5 million...

Legislative Christmas Gift of Tax On Corporations Almost Ready

The controversial draft Law on Tax on Corporations (Ley de Impuesto a las Personas...

How much did prices go up during the first month of the VAT?

The year-on-year increase in consumer prices reached 2.89% during July, the first month of...

The ‘Netflix Tax’ Will NOT Start On July 1; Amazon To Be Excluded From The VAT

Services such as Uber, Airbnb, and Netflix, among others,  will continue without the 13%...

Minister of the Presidency: ‘No new taxes on Friday’

(QCOSTARICA) "No new taxes will be announced on Friday," said the Minister of the...

Every colon counts for the 1.2 million Ticos hit by the VAT

(QCOSTARICA) The entry into force of the 1% of the Value Added Tax (VAT)...

Renting A Car In Costa Rica Will Be More Expensive On July 1

With the implementation of the Value Added Tax (VAT) on July 1, 2019, renting...

Philip Morris International Will Stop Producing Cigarettes in Costa Rica

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

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