No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveChinchilla drafts new fiscal reform plan

Chinchilla drafts new fiscal reform plan

Following a failed attempt at fiscal and tax reform earlier this year, President Laura Chinchilla on Tuesday presented lawmakers with a second version that she says will be more widely accepted among the country’s different sectors.

According to Presidency Minister Carlos Benavides, 30 of the National Assembly’s 57 legislators support calling the new plan up for debate. Amendments to the failed first plan were included in the new proposal following negotiations with the opposition block in Congress, Benavides said.

The new reform package still seeks a modification of the 13 percent sales tax to a value-added tax structure at 14 percent, but some items were removed to protect poor residents and college students.

Trending Now

Costa Rica Jaguar Documentary Explores Olive Ridley Arribada in Santa Rosa Park

PBS's latest NATURE episode, Jaguar Beach, brings viewers to Costa Rica's Pacific coast, where jaguars and olive ridley sea turtles interact in ways that...

Margay Rescued in Costa Rica After Backyard Sighting

A young margay wandered into a residential backyard here, prompting a swift rescue by environmental officials who found the wildcat in an oddly calm...

Costa Rica Braces for Third Cold Front with Rain and Winds Expected

Everyone needs ready themselves for rough weather as the third cold front of the season moves in. The National Meteorological Institute (IMN) states that...

Life in Costa Rica Means Sharing a Roof with Wildlife

I think one of the aspects of my personality that has allowed me to successfully live in rural Guanacaste all these years is that...

Rodrigo Paz Takes Office in Bolivia, Restores U.S. Ties

The center-right Rodrigo Paz was sworn in Saturday as president of Bolivia with a promise that the country would “never again” be “isolated” from...

Costa Rica Introduces Specialized Driving Tests for 2026 Licenses

Costa Rica's government has introduced a major update to the driver's licensing process, requiring specialized theoretical exams based on vehicle type starting next year....
Avatar
spot_img
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