Friday, 30 October 2020
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Electric Cars Tax Benefits Extended

The Ministerio de Hacienda (Ministry of Finance) decided to extend the deadline for the import of hybrid-electric vehicles by 24 additional months, to be carried out at reduced rates and in some cases without paying taxes. With the publication of decree 42080-H-MINAE-MOPT  in La Gaceta...

Used Electric Vehicles To Be Exempt From Tax

In an effort to limit the emission of polluting gases, the government signed on Wednesday several executive decrees, one of which exempts used electric vehicles from the payment of the excise tax upon entering the country. The decree was signed by the Minister of Environment...

Latin America’s Renewable Energy Revolution

For centuries Latin America’s natural resources have helped move the world economy. From the silver galleons that financed the Spanish Empire to the iron and copper exports that are rebuilding China, Latin America’s natural resources have long been sold around the globe. But now the...

Electric Vehicles Exemptions Bill Obtains Approval

With electrifying speed, the Legislative Assembly has approved, in a second and final debate, the law on incentives and promotion of electric transport in the country. In a vote of 37 in favor and one opposed, the bill now goes to Casa Presidencial for the...

President of Purdy Motor Opposes Exoneration For Electric Cars

(QCOSTARICA) The president of Purdy Motor, Javier Quiros, said he opposes a proposed tax exemption on electric cars in the country and that it will not encourage people to buy them. Quiros' company is the exclusive Toyota dealer in the country. The businessman said that the...

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