Tag: tax on fuels

Costa Rica has the highest gasoline prices in Central America. There is no denying that. A situation that places the country at a competitive disadvantage and affects the pocket of all consumers. One of the reasons for the high fuel prices is the tax component...

Costa Rica President, Carlos Alvarado, asked officials of the Ministry of Finance (Ministerio de Hacienda) to explain to the country the impact the Value Added Tax (VAT) will have on the price of fuels. On Tuesday, Hacienda gave gasoline station operators notice about the obligation...

All is cool again at the country's gasoline stations. The threat of not accepting credit and debit cards starting today as announced Monday night was called off thanks to the "prompt" reaction by the Ministerio de Hacienda (Ministry of Finance). This morning, Tuesday, José Miguel...