No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveNew taxes on food products, cigarettes take effect

New taxes on food products, cigarettes take effect

Starting this week, some 90 products will be charged a 13 percent sales tax, according to a decree published by the Finance Ministry on April 30. Finance Minister Édgar Ayales on Monday said the ministry would publish a clarification in response to several questions people have raised regarding the new list.

Ayales said the ministry also would make public a revised text that includes exemptions for bread, milk, tuna, cold cuts, beans and cheese. The newly taxed items are mostly food products and consumer goods consumed by higher-income groups, he said.

Also, starting this week, smokers will pay up to ₡400 ($0.80) more for cigarette packs of 20. Smaller packs will also be taxed more.

Tobacco companies adjusted prices to comply with the General Law of Tobacco Control, which establishes a new tax of ₡20 per cigarette in each pack.

The new law also prohibits selling single cigarettes as part of new measures aimed at curbing the growth of nicotine addiction.

Trending Now

Chaves Calls for Radical Overhaul of Costa Rican State in Final Address

Outgoing President Rodrigo Chaves used his final address to Costa Rica’s Legislative Assembly today to call for a deep restructuring of the Costa Rican...

Fresh Del Monte to Close Four Banana Farms in Costa Rica

Fresh Del Monte Produce will close four banana farms in Costa Rica’s Atlantic Region, affecting approximately 1,200 hectares of production and more than 850...

Avianca Offers Free Return Flights to Stranded Spirit Airlines Passengers

Avianca will fly stranded Spirit Airlines passengers home at no fare cost, the Colombian flag carrier announced today, becoming the first Latin American airline...

Costa Rica Researchers Convert Waste Into Food

Costa Rican researchers are turning to fungi as a possible answer to one of our country’s most urgent environmental problems: what to do with...

Costa Rica Warns Fuel and Food Prices May Rise From Middle East Shock

Costa Rican consumers are expected to begin feeling the first effects of the inflationary shock linked to the conflict in the Middle East starting...

Salvadorans Protest Bukele’s Policies in May Day March

Thousands of Salvadorans marched through the capital on May 1 to denounce what they called democratic setbacks under President Nayib Bukele and to demand...
Avatar
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel