No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessFinance Ministry launches campaign to identify tax dodgers

Finance Ministry launches campaign to identify tax dodgers

The Finance Ministry’s Tax Administration this week launched a new plan aimed at curbing tax evasion, mostly targeting self-employed professionals.

Ministry officials began sending email notifications asking people to review their tax returns, and if necessary, make all required corrections.

Messages are being sent to owners of high-value properties or those who have recently purchased luxury vehicles but submitted tax returns reporting low income, which exempts them from paying income tax.

The messages also are being sent to people whose filings in two or more years included high expenses but low income.

Tax Administration officials reported that last year they had identified certain strategies people have used to avoid paying taxes, such as including expenses from relatives, expenses from domestic workers’ wages or for employee Christmas and birthday parties. Also found were invoices from grocery shopping, children’s school tuition and other personal expenses. Just from these tricks alone, the Tax Administration said they had uncovered $296,000 in unpaid taxes last year.

“Some people included loan payments or reported the purchase of homes, properties and vehicles whose prices were completely out of the income levels reported in their tax returns,” Tax Administration Director Carlos Vargas said. “These fraudulent tactics will be carefully evaluated as we currently consider all available options to prosecute people who use them.”

Finance Vice Minister Fernando Rodríguez said officials will continue their investigations across the country for the remainder of the year and will increase vigilance of certain types of businesses during periods of increased activity, such as on Black Friday, Christmas and New Year.

Plans for next year include hiring a company to provide officials with databases for the cross-referencing of potential tax evaders, he said.

Trending Now

Gunmen Storm Costa Rica Hospital and Kill Patient in Nicoya

Two masked gunmen forced their way into a public hospital in Guanacaste early Saturday and shot a patient to death as he lay on...

Costa Rica Wildlife Study Records 79 Species at Reserva Conchal

A year-long wildlife study at Reserva Conchal in Guanacaste documented 79 species of mammals, birds and reptiles, nearly double the 40 recorded during the...

Costa Rica Opens Consular Line in Colombia as Earthquake Toll Climbs Past 70

Costa Rica's embassy has opened consular lines in Colombia after Monday's magnitude 7.4 earthquake. Seven airports are shut, Bogotá is still operating, and Avianca and LATAM are waiving change fees.

FIFA Defends Gianni Infantino Amid Leadership Crisis

FIFA has accused critics of waging a “concerted and ongoing effort” to undermine the organization and its president, Gianni Infantino, as the crisis surrounding...

Costa Rica Faces Strong Winds, Saharan Dust and Heat

Strong trade winds, Saharan dust and unusually hot conditions will affect several parts of Costa Rica today, with gusts potentially reaching 95 km/h (59...

João Fonseca Builds Momentum Ahead of Cincinnati Open With Montreal Run

João Fonseca is beginning to find his form at exactly the right time. The 19-year-old Brazilian defeated former world No. 2 Casper Ruud 7-6(6),...

Cincinnati Open Opens This Weekend With Practices, Fan Events and New Attractions

The Cincinnati Open begins welcoming fans August 8 with open player practices, autograph sessions, Red Bull BassLine and a new 5K before competitive tennis begins.

Costa Rica Free-Zone Growth Slows to Weakest Pace Since 2020

Growth in Costa Rica’s free-zone economy slowed sharply in June, falling to its weakest pace since 2020 and extending a year-long deceleration in one...

Costa Rica Seals Security Contracts as “Operation Pegasus” Remark Goes Unexplained

A decree in force since August 10 seals Costa Rican security records including procurement files, as a governing-party lawmaker's unexplained "Operation Pegasus" remark sharpens the dispute.
L. Arias
L. Arias
Reporter | The Tico Times |
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel