Saturday, 19 September 2020

Costa Rica’s Capital Gains Tax Is The Highest In The Region

Costa Rica's capital gains tax is the highest in the region, and one of...

Tax Plan (Plan Fiscal) Would Prohibit Buying Drugs With Cash

If the government's tax reform (plan fiscal) proposal becomes a reality and comes into...

Construction and tourism exempted from VAT for a year

(QCOSTARICA)  Legislators on Monday approved, in the first debate, two bills that exempt tourism...

Airbnb Offers To Collect Sales Tax For Its Transactions in Costa Rica

Q COSTA RICA NEWS - The more than 6,600 hosts using Airbnb in Costa...

Telecom Tax Proposed To Fund 911 Service

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

Ministry of Finance Toughens Stand Against Income Tax Fraud

The Ministerio de Hacienda (Ministry of Finance) seized the machinery of the company Representaciones...

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...

New VAT Expected To Be Kept At 13 Percent

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

Tax Benefits of Agricultural Producers Registry

On September 2, Costa Rica began the registration of individuals and agricultural producers who...

Costa Rica Improves Tax Evasion Controls

(QCOTARICA) The Directorate General of Taxation (Dirección General de Tributación) has hired an external...

Tax Reforms To Suffer New Impasse

Today, Monday, the tax reform bill "Ley de Fortalecimiento de las finanzas públicas' will...

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...

The Basic Points Of The New Corporations Tax Law

Q COSTA RICA - If the draft Ley de Impuesto a las Personas Jurídicas...

Uber And Its Drivers “Must Pay Income Tax”

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

Are You Paying Too Much In Taxes?

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

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...

Shaking The Money Tree, Costa Rica Proposes Global Income Tax

QCOSTARICA - Under pressure to raise revenue and reduce deficits, the Government of Costa...

Costa Rica Food Industry Opposes Tax Exemptions for Food

  Costa Rica's food industry is opposed to the executive decree which eliminates the exemption...

Manitoba (Canada) premier penalized for unpaid back taxes on Costa Rica vacation home

Manitoba, Canada, Premier Brian Pallister has been penalized for taxes owing on his vacation...

Netflix, Amazon and other digital platforms will be more expensive on August 1

(QCOSTARICA) Either through the provider directly, or card issuers, Netflix, Tinder, Amazon and other...

Costa Rica and Germany Agree to Eliminate Double Taxation

From January 1, 2017 the agreement ratified between both parties to avoid double taxation...

Uber Trips Would Be Taxed If VAT Is Approved

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

World Bank approves project to modernize Costa Rica’s Finance Ministry

The World Bank Board of Executive Directors approved a US$156.64 million investment project for...

Costa Rica, UAE To Prevent Double Taxation

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

Drop In Vehicle Imports Affects Tax Revenue Collection

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

An End To Excessive Perks For Government Employees Proposed

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

Tax Avoidance Is A Booming Industry

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

Taxation Closed 35 Businesses In The Last Week For Tax Irregularities

Behind on your business taxes? The General Directorate of Taxation, of the Ministry of...

Manitoba (Canada) Premier Might Be On Hook For “Luxury Tax” On Costa Rica Vacation Home

Manitoba's premier, Brian Pallister, has failed to reassess the value of his tropical vacation home...

Sala IV Orders Treasury To Reveal List of Tax Debtors

Costa Rica's Sala IV (Constitutional Court) ordered the Ministry of Finance (Treasury) to reveal...

Legislator Enrique Sánchez: “Uber would pay a 3% tax for each trip”

Under the premise that Uber must be legal in Costa Rica, PAC legislator Enrique...

Services and products would cost more in July

(QCOSTARICA) Tighten the purse strings, come July we can expect to pay more for...

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