No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveGovernment Raids Pepsi For Suspected Tax Evasion

Government Raids Pepsi For Suspected Tax Evasion

THE Prosecutor’s Office for the Judicial Branch on Tuesday morning raided the installations of Embotelladora Centroamerica S.A. (ECSA), the country’s producer and distributor of Pepsi brand soft drinks, for allegedly not paying ¢109 million ($260,000) in taxes, the daily Al Día reported.

The Direct Taxation Office said it issued the order to search ECSA as a result of alleged irregularities found in its payment of foreign remittance taxes over royalties paid between Oct. 1, 1999 and Sept. 30, 2002.

ECSA pays royalties to the firm Cuba Libre International of the British Virgin Islands for the production and sale of Cuba Libre brand rum-and-coke canned beverage.

During the search, police seized several documents but arrested no one.

A spokesperson for ECSA said the company would not comment on the matter.

Trending Now

Costa Rica U-17 Women’s Team Earns Historic Draw vs Brazil

Costa Rica's under-17 women's national soccer team marked a milestone in their history with a 1-1 draw against Brazil during the FIFA U-17 Women's...

Panama’s Indigenous Families Relocate Amid Rising Sea Levels

Panama's government faces mounting pressure to relocate more Indigenous Guna families from low-lying Caribbean islands as sea levels continue to rise, building on the...

Why This U.S. Expat in Costa Rica Chooses Local Over Headlines

In the weeks leading up to my trip to the US, I scanned several news sites both left-leaning and right-leaning to better inform myself...

Costa Rica Eliminated After 3-1 Loss to Morocco in FIFA U-17 World Cup

Our under-17 women's national team ended their FIFA U-17 Women's World Cup campaign on a tough note Friday evening, falling 3-1 to host nation...

Costa Rica Politics Shaken by Fatal Crash with Eli Feinzaig

A head-on collision on the Bernardo Soto highway in Buenos Aires de Palmares, Alajuela, turned deadly Friday morning, killing Éricka Benavides, advisor to Congressman...

Delta Partners with Starbucks for Unique Coffee Trip to Costa Rica

Atlanta-based Delta Air Lines has teamed up with Starbucks to offer a special travel experience that transforms a private charter flight into an airborne...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica