No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveReform would expose tax dodgers

Reform would expose tax dodgers

Broad Front Party lawmaker José Maria Villalta presented a law reform to disclose names and debts owed to the Tax Administration.

The initiative is supported by all Legislative Assembly parties and even by the Executive Branch, in a bid to promote fiscal transparency.

The motion of the Broad Front Party introduces a reform to Article 115 of the “Code of Tax Regulations and Procedures,” related to the use of information. Under the reform, “information about the names of individuals and legal entities that have tax debts to the Tax Administration, and the amount of such debt, will be publicly accessible.”

The motion also empowers the Tax Administration to publish lists of persons or companies that have not submitted tax declarations, and those engaging in economic activity without registering as taxpayers. Currently, the law considers that information as secret and penalizes disclosure.

Next steps include a discussion of the motion among lawmakers in the Legislative Assembly.

Trending Now

Costa Rica Cancels Planned Three-Week Closure of Route 243 Bridge at La Palma

Costa Rican Authorities changed course on road works along Route 243 near La Palma. They canceled the full closure of the section over the...

United States Advances Major Economic Pact With Cuba

The Trump administration is preparing an economic deal with Cuba that could be announced soon. President Donald Trump said Saturday that Cuban officials want...

Interpol Arrests 60 Suspected Child Predators in Central America

Law enforcement agencies in nine countries arrested 60 suspects accused of child sexual offences and identified 65 child victims during a coordinated international operation....

U.S. Embassy in Costa Rica Starts WhatsApp Channel

The U.S. Embassy in San José has established a dedicated WhatsApp channel to provide U.S. citizens with timely safety and security information while in...

Mexico Announces Plan for 100,000 Security Personnel at World Cup

Mexico announced Friday it will station nearly 100,000 police, soldiers and private security guards across its three World Cup host cities to protect fans...

Chaves Says He Would Run for President Again If Costa Rica Needs Him

President Rodrigo Chaves said he has not ruled out running for the presidency again once his current term ends. In a recent interview with...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica