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

U.S. Congressman Alarmed Over Costa Rica’s Immunity Push

A U.S. Congressman has stepped into Costa Rica's heated political debate, requesting a direct briefing from our country's ambassador in Washington amid growing questions...

Direct Flights from Ottawa to Liberia Costa Rica Begin with Porter

Guanacaste Airport rolls out new routes for the high season that started this month, featuring a fresh direct flight from Canada to Liberia. Canadian...

How Costa Rica’s Latest Climate Plan Protects Coasts and Cuts Emissions

Costa Rica has submitted its updated climate plan to the United Nations, setting new goals to protect and restore coastal wetlands as part of...

U.S. Air Traffic Shutdown Ends, Easing Strain on Costa Rica Flights

The U.S. Federal Aviation Administration lifted its emergency order on flight reductions Sunday, paving the way for airlines to resume standard schedules at 6...

Maduro Dances Defiantly Amid US Threats in Venezuela

Venezuelan President Nicolás Maduro took to the stage at the Miraflores presidential palace during a Student Day march, where he danced to a remix...

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...
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