Sunday 11 April 2021
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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...


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