Tourism chamber opposes tax reform bill
Hoteliers, tour operators and restaurant owners urged government authorities to reconsider the impact that potential tax reform could have on the tourism industry.
Concerns were channeled through the National Tourism Chamber (CANATUR), whose members voiced worries that higher taxes would mean higher costs for end consumers and the loss of competitiveness with other destinations.
Tourism insiders warn that the industry is vulnerable and only slowly recovering from an economic crisis.
The Legislative Assembly’s Financial Commission is currently studying a tax reform bill that would charge tourism businesses a 14 percent added value tax and also a 1.5 percent tax on monthly gross income.
“It is not acceptable to consider a monthly tax on revenues in an industry where small businesses are in the majority,” said Juan Carlos Ramos, president of CANATUR. “It usually takes 60 to 90 days for these small companies to collect monies from services provided.”
You may be interested
Costa Rica beats the USA, wins third consecutive futsal titleAlejandro Zúñiga - May 11, 2021
The Costa Rica men's futsal team won its third-straight CONCACAF title with a 3-2 victory over the United States on…
Costa Rica purchases 2 million more Pfizer vaccinesAlejandro Zúñiga - May 11, 2021
Costa Rica on Monday announced it will purchase 2 million additional doses of the Pfizer/BioNTech coronavirus vaccine in order to…
Costa Rica coronavirus restrictions for May 2021 (updated)Alejandro Zúñiga - May 11, 2021
The Costa Rican government has re-introduced weekend and weekday driving restrictions in response to an increase in coronavirus cases and…