Tag: global income
Global income will hit the lowest wage scales the most
Global income will involve more people taxed and at higher rates, according to experts
If your monthly income exceeds ¢683 thousand, you would have to pay income tax
QCOSTARICA - The potential development of the global income tax may lead to paying more tax as monthly income thresholds are lowered or exemptions reduced or eliminated.
An example of the change contained in the bill currently under discussion is reducing the monthly income to...
Finance Minister rules out VAT increase and tax on bank transactions
QCOSTARICA - The Minister of Finance, Elian Villegas, totally ruled out that the Government is going to propose an increase of one percentage point in Value Added Tax (VAT) - IVA in Spanish -, or the creation of a tax on banking transactions, in...
Distrust of sectors complicate signing an agreement with the IMF this year
QCOSTARICA - Reaching a structural adjustment agreement with the International Monetary Fund (IMF) this year seems like an impossible mission for President Carlos Alvarado, according to analysts consulted by La Republica.
This, regardless of the fact that it is one of the few options the...