Tag: Impuesto al Valor Agregado
Costa Rica is on the verge of adopting one of its biggest changes in taxes
Starting July 1, 2019, the economic life of Costa Rican households and businesses will face changes. On this day, Costa Rica launches the Value Added Tax (VAT) - Impuesto al Valor Agregado (IVA) in Spanish.
On this day important tax reforms will go into effect,...
Hard blow to tourism in Costa Rica
Two aspects included in the Plan Fiscal (tax reform) would hit tourism, making services more expensive and, thus, the cost of vacationing in Costa Rica.
A contraction of the national tourism and a reduction of competitiveness as a destination country before other markets in the...
Getting married (and even divorcing) will be more expensive on July 1
If you are planning on getting married (or divorcing), celebrating a birthday party, anniversary or any other type of celebration, be ready to pay more starting on July 1 when the Value Added Tax (VAT) - Impuesto al Valor Agregado (IVA) in Spanish) -...
Starting July 1 all services will be taxed with 13% VAT
Starting July 1 all services will be taxed with 13% Value Added Tax (VAT) - Impuesto al Valor Agregado (IVA) in Spanish.
For this, the Ministerio de Hacienda (Ministry of Finance) has prepared a "campaña informativa" (information campaign) ahead of the change in the tax...
Costa Rica’s Taxman Faces A Challenge With Foreigners With Foreign Payment Options
Rico's TICO BULLÂ - The current government, as its three predecessors, is intent on introducing sweeping tax reforms that include the introduction of a Value Added Tax (VAT) or Impuesto al Valor Agregado (IVA) in Spanish, that proposes to tax many items not taxed under...
