No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveTax Plan Faces New Controversy

Tax Plan Faces New Controversy

THE proposed Permanent FiscalReform Package, already the topic ofcontroversy in the Legislative Assembly,has sparked a new debate: are 29 votesrequired for its approval, or 38?According to the daily La Nación, theanswer to the question seems to dependon whom one asks.The Patriotic Bloc and LibertarianMovement Party, which both oppose thetax plan, argue that because the bill concedespowers to tax authorities not grantedin the Constitution, 38 votes arerequired for its passage.The plan’s supporters, including theNational Liberation Party (PLN) andCitizen Action Party (PAC) argue that thepowers granted to tax authorities are notnew and a majority of the 57-memberassembly (29 votes) is all that is neededto pass the plan.Adrián Torrealba, expert in tax lawand former General Taxation Director,told La Nación the Libertarian MovementParty’s argument is baseless.The decision about how many votesare needed lies in the hands of assemblypresident Gerardo González, of the SocialChristian Unity Party (PUSC), who toldthe daily he is aware of the controversybut will not make a decision until a votedraws near.That day may be far off, since theassembly’s first priority in November isto approve a 2005 national budget.Discussion of the proposed budget,which has sparked plenty of controversyof its own regarding the division of fundsbetween interest payments on the nationaldebt and other government programs,began this week and must be completedby midnight on Nov. 30 (TT, Oct. 29).

Trending Now

Costa Rica’s Barra Del Colorado: The Perfect Place to Disconnect and Recharge

One of the greatest gifts Costa Rica offers its visitors is the rare chance to truly disconnect from the outside world. This modern world...

New U.S. Diplomat Jennifer Savage Takes Charge at Costa Rica Embassy

The U.S. Embassy in Costa Rica named Jennifer Savage as its new chargé d'affaires yesterday. She steps in to lead the diplomatic mission until...

Costa Rica Battles Rising Cyberbanking Fraud and AI-Powered Scams

Cybercrime is a serious problem in Costa Rica. The number of victims is rapidly growing and so are the different techniques used by criminals...

Poás Volcano Glows with Intense Heat as Night Hikes Begin

Mouth A of Costa Rica’s Poás Volcano continues to release gases so hot that incandescence is visible even during the day—a rare phenomenon not...

Former Guatemalan Mayor Extradited to US on Cocaine Conspiracy Charges

Guatemalan officials handed over former mayor Romeo Ramos Cruz to US authorities this week, marking another blow to drug networks operating in Central America....

El Salvador opposition challenges Bukele indefinite reelection

An opposition lawmaker in El Salvador filed a lawsuit with the Supreme Court on Friday challenging the constitutionality of indefinite presidential re-election, recently approved...
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