No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveU.S. to tax online purchases

U.S. to tax online purchases

Air courier and fast delivery companies based in Costa Rica may suffer the possible consequences of a new tax the U.S. Senate approved on Monday that taxes all purchases made over the Internet.

U.S. senators voted 69-27 to approve the bill, which now goes to the House of Representatives, where it faces opposition from some lawmakers who see it as a tax increase.

The law would force states to collect taxes locally on all products sold online, in catalogs and through television and radio ads. Under the proposed legislation, the tax would be sent to the states where the buyer lives.

The measure would directly affect Costa Rican consumers making online purchases in the United States of goods shipped via air courier services, mostly located in the U.S. state of Florida.

These services also were affected last November when Costa Rica’s Finance Ministry ruled that online purchases can no longer receive tax exemptions upon entering the country.

Under current U.S. law, states can only ask businesses to collect taxes if the merchandise has a physical presence in the state. As a result, many sales made over the Internet are virtually tax-free.

Trending Now

Five Things to Know About Honduras Ahead of the Elections

A president sent out of the country in his pajamas, another locked up in a U.S. prison for drug trafficking, deep turquoise waters that...

In Memory of Carlos Alvarado Valverde: A Highly Regarded Authority on Costa Rican Security

Carlos Alvarado Valverde, former director of the Coast Guard, former head of the Costa Rican Drug Control Institute (ICD), and respected security analyst, died...

How Latin America Is Adapting to Trump’s New Pressure

Latin America is navigating a minefield of economic and military threats following Donald Trump’s return to the White House. Some leaders have pushed back,...

Costa Rica Expat Struggles with Food Issues in the US

Confession time: I miss my Tico diet. Basic, almost boring, it is made up primarily of beans, eggs, tomatoes, bananas, bread, tortillas, coffee, chicken...

Miguel Herrera Opens Up on Costa Rica’s Heartbreaking World Cup Miss

Mexican coach Miguel Herrera returned home after a tough stint with the Costa Rican national team, sharing his raw thoughts on the squad's inability...

Costa Rica Updates Visa Requirements for Foreign Visitors

The General Directorate of Migration and Foreigners (DGME) rolled out new guidelines for visas and entry this month, aiming to streamline processes while tightening...
L. Arias
L. Arias
Reporter | The Tico Times |
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