No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveChinchilla drafts new fiscal reform plan

Chinchilla drafts new fiscal reform plan

Following a failed attempt at fiscal and tax reform earlier this year, President Laura Chinchilla on Tuesday presented lawmakers with a second version that she says will be more widely accepted among the country’s different sectors.

According to Presidency Minister Carlos Benavides, 30 of the National Assembly’s 57 legislators support calling the new plan up for debate. Amendments to the failed first plan were included in the new proposal following negotiations with the opposition block in Congress, Benavides said.

The new reform package still seeks a modification of the 13 percent sales tax to a value-added tax structure at 14 percent, but some items were removed to protect poor residents and college students.

Trending Now

Costa Rica’s New Tourism Chief Bets on Looser Rules and More Flights

Costa Rica's new tourism boss is moving to slash red tape and widen our country's international flight map, signaling a more business-friendly approach that...

Canatur Criticizes Ride-Sharing Apps Being Used to Promote Costa Rica

Costa Rica’s main tourism chamber is pushing back against the use of ride-sharing platforms in official tourism promotion, arguing that public and private campaigns...

Ex-Air Canada Pilot Charged After Allegedly Flying Without Proper License

A former Air Canada captain has been charged in Canada after police alleged he flew more than 900 domestic and international flights without holding...

Costa Rica Clears Way for “Macho Coca” Extradition to U.S.

Costa Rican courts have cleared the final domestic obstacle blocking the extradition of Gilbert Bell Fernández, known as “Macho Coca,” to the United States,...

Five Leading Contenders to Win the 2026 World Cup

The 2026 FIFA World Cup has opened across North America, bringing the biggest field in tournament history and one of the deepest title races...

Costa Rica’s Humpback Whale Season Begins on the Pacific Coast

Few wildlife encounters rival the sight of a humpback whale breaching from warm tropical waters, and Costa Rica has quietly become one of the...

Costa Rica Tax Revenue Keeps Falling as UNA Economists Urge Fiscal Reform

A public university research center has called a comprehensive fiscal reform "necessary and urgent," warning that Costa Rica's tax revenue has been sliding since...

Costa Rica Airport Adds Sunflower Program for Travelers With Hidden Disabilities

Juan Santamaría International Airport has joined the Hidden Disabilities Sunflower Program, giving travelers with non-visible disabilities a discreet way to ask for patience, support...

Mexico vs South Africa Headlines World Cup 2026 Opening Day

After four years of waiting, the 2026 FIFA World Cup kicks off today, with the biggest and most expanded edition of the tournament in...
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