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 Rescues Orphaned Manatee Calf in Tortuguero

A young female manatee washed up alone on a beach in Tortuguero National Park early on January 5, sparking a coordinated effort by local...

Costa Rica Police warn of Rising Tourist Targeted Crimes After Violent Incident

Police in Guanacaste rescued four American tourists from a violent home invasion in Nuevo Arenal de Tilarán on Thursday evening. The confrontation with armed...

El Salvador’s Bukele to Break Ground on Costa Rica’s Mega-Prison

President Nayib Bukele of El Salvador plans to arrive in Costa Rica next week for an official visit focused on the country's new high-security...

Trump Announces Venezuela Oil Transfer Worth Billions

President Donald Trump announced on Tuesday that Venezuela plans to transfer between 30 and 50 million barrels of crude oil to the United States....

Costa Rica Police Raid Dismantles Teen Extortion Ring Targeting Rivals

Costa Rica Police arrested two teenagers on Thursday morning in Betania de Siquirres after a months-long probe into a small but aggressive extortion operation....

Visit Top Costa Rica Museums on Your Next Trip

Costa Rica’s best museum days do two things at once: they teach you what you’re seeing out in the country and they give you...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica