No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveLa Nación Investigated For Alleged Tax Evasion

La Nación Investigated For Alleged Tax Evasion

THE General Taxation Administrationis investigating the daily La Nación, oneof the country’s largest newspapers, forpossible tax evasion.A Legislative Assembly commissionis also examining the case.According to La Nación, it sold one ofits printing presses for $2 million to theBelizean company Capital LeasingCorporation in September 2001, then rentedthe equipment from Capital Leasing for$97,091 per month. Capital Leasing latersold it to another company, ArrendoraInterfín S.A., from which La Nación rentedthe press for $80,883 per month.Tax authorities say there are discrepanciesbetween the amounts reported bythe paper and those it reported to thirdparties regarding the sale and lease. TheSecond Circuit Penal Court of San Joséordered the paper to open its bankaccounts to investigators.The assembly’s Public ExpendituresCommission plans to request the appearanceof tax authorities and others relatedto the case.Libertarian Movement Party legislatorPeter Guevara said he opposes this.“I don’t believe it is proper that weinvolve ourselves in investigation the functioningof a private business,” he said.Patriotic Bloc legislator HumbertoArce called the allegations “an opportunity…for La Nación to be investigated inthe same way it investigates (others),” butemphasized the importance of “being verycareful (to ensure) this is not used for anyvendetta, since we all know the denunciationsthat the paper has made.”La Nación helped uncover alleged governmentcorruption in 2004, which eventuallyresulted in the arrest of two formerPresidents and a host of other public officialson allegations of illicit enrichment.

Trending Now

Costa Rica’s Gulf of Nicoya Communities Push for Greater Say in Protecting the Sea

Fundación MarViva has published two resources on the Gulf of Nicoya that together make a single argument: the people who have fished, gathered and...

Costa Rica Route 1 Through Cambronero Closed Indefinitely After Truck Crash

One of Costa Rica’s main highways between the Central Valley and the Pacific remained completely closed today after a tractor-trailer crashed into a temporary...

Costa Rica Adds Booking.com, Expedia and ChatGPT to 13% VAT List

Costa Rica adds Booking.com, Expedia, ChatGPT and 17 more platforms to its 13% VAT list on September 8. Here is what changes on your card statement.

Costa Rica Explains VAT Refunds for Hotel Stays Abroad

Travelers paying for overseas accommodation through certain booking platforms with Costa Rican credit or debit cards can face an automatic 13% VAT charge, even...

Costa Rica’s Two Biggest Soccer Clubs Meet Saturday Night in Alajuela

Costa Rica's two most popular soccer clubs, Alajuelense and Saprissa, play each other Saturday night in Alajuela. Kickoff is at 8 p.m. at the...

Lawmakers Question Cuts to Quake and Volcano Monitoring Hours Before Uvita Tremor

Legislators on the Legislative Assembly's budget committee are challenging a reduction in 2027 funding for the scientific networks that monitor earthquakes, volcanoes and weather...

Costa Rica Nears 49,000 Short-Term Rentals as Tourist Numbers Lag

A new study counts 48,985 short-term rental listings in Costa Rica, more than double 2019, while international arrivals remain below pre-pandemic levels.

Costa Rica Immigration Worker Arrested in Residency Scheme

An employee of Costa Rica's immigration agency was arrested this morning on suspicion of manipulating official records to push through a residency card renewal...

Costa Rica Free Zones Lose Jobs for First Time in Seven Years

Employment in Costa Rica’s free-zone regime fell year over year in July for the first time in seven years, ending a long stretch of...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel