No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessBusiness sector ask President Solís for stricter control of tax dodgers, black...

Business sector ask President Solís for stricter control of tax dodgers, black market sales

Members of Costa Rica’s Chamber of Commerce (CCCR) delivered President Luis Guillermo Solís a list of petitions asking him to increase actions to fight smuggling, tax evasion, black market sales and excessive bureaucracy in public agencies.

The request was made Thursday during a meeting at the Costa Rica Country Club, where entrepreneurs also asked Solís to increase measures against counterfeiting and fraudulent invoicing practices.

CCCR President Francisco Llobet told Solís that “the growth of black market practices is undermining the country’s job generation as well as tax revenues.”

Chamber data indicate that black market trade currently accounts for up to 22 percent of total sales of goods in the country. For example, they said tax dodging for sales of contraband cigarettes and liquor could reach some ₡35 billion annually ($66 million).

Last year, Fiscal Control Police confiscated more than 21 million cigarettes, 123,072 bottles of beer and 36,464 bottles of whiskey.

Entrepreneurs also called on the president to improve tax collection. According to the CCCR, 90 percent of the country’s tax collection currently comes from some 1,000 companies and self-employed professionals.

“We need an approach that goes beyond a vision that only contemplates punishment; we need to improve controls,” Llobet said.

President Solís pledged to address these issues in executive branch agencies and added that he will pay close attention to current legislation and legal procedures for registering goods, pharmaceutical and agrochemicals products, as well as excessive bureaucracy that promotes increased smuggling.

Trending Now

FBI Team Lands in Guatemala to Hunt Down Escaped Barrio 18 Leaders

A team from the FBI's Joint Task Force Vulcan touched down in Guatemala yesterday to assist local forces in tracking down 16 fugitive leaders...

Brazilian Tennis Sensation João Fonseca Reflects on Breakthrough Season

João Fonseca kicked off preseason training in Rio de Janeiro with eyes set on a strong start to 2026, a year that brings new...

Costa Rica’s Main Airport Braces for Passenger Growth This High Season

Operators at Juan Santamaría International Airport forecast a notable uptick in passenger traffic for the upcoming high season, with projections showing 300,000 more visitors...

What does US ‘terrorist’ designation for Venezuela mean?

Washington's designation of an alleged Venezuelan cartel as a foreign terrorist organization (FTO) takes effect on Monday, opening the door to new forms of...

Teams Set for 2026 World Cup Draw as Qualification Wraps Up

With the 2026 FIFA World Cup group stage draw scheduled for early December, football fans across the Americas turn their attention to the 42...

Australian Open Latin American Legacy Resonates in Costa Rica

Melbourne's hard courts come alive each January with the Australian Open, the year's opening Grand Slam. This two-week event draws the world's top tennis...
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