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
First Lady Claudia Dobles named as one of world’s greatest leadersAlejandro Zúñiga - April 26, 2019
Costa Rica has one of the world’s greatest leaders in its midst. First Lady Claudia Dobles is ranked No. 15…
Costa Rica to begin administering HPV vaccineAlejandro Zúñiga - April 25, 2019
The Social Security System (CCSS) announced Wednesday that Costa Rica will begin administering the human papilloma virus (HPV) vaccine as…
Costa Rica approves law against child abuse prepared by alleged victims of priestAFP and The Tico Times - April 24, 2019
Costa Rica’s congress approved on Tuesday a bill that extends the statute of limitations for the crime of sexual abuse…