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

San Jose Airport Achieves Top 5 Global Ranking in Passenger Experience

Juan Santamaría International Airport in San Jose, Costa Rica's main gateway managed by AERIS, has earned the prestigious Level 5 Customer Experience certification from...

Costa Rica Anglers Catch Rare Orange and Albino Nurse Shark

Anglers on a fishing trip off Costa Rica's Caribbean coast caught a nurse shark unlike any seen before: bright orange skin and stark white...

Costa Rica Tourism Leaders Call for Action Amid Rising Insecurity

A surge in public insecurity and the sharp appreciation of the Costa Rican colón—up more than 20% since 2022—have become the leading threats to...

Costa Rica Replaces One-Lane Bridges as Traffic and Population Grow

As the infrastructure of Costa Rica advances, with new four-lane highways and a series of bypasses around San José that avoid the narrow, congested...

Viral Shot at US Open Captures Paolini in Rare Form

A photo from the 2025 US Open has spread quickly online, pulling in views from tennis fans and casual observers alike. Italian photographer Ray...

Earthquake Shakes Costa Rica’s Central Valley

An earthquake shook Costa Rica early Friday morning. The tremor occurred at 12:45 a.m. with a magnitude of 4.4. Its epicenter was located 1...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica