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Costa Rica
Wednesday, May 25, 2022
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Education sector strike once again ruled illegal

The court reasoned the strikes have not being peaceful and have affected essential services.

Constitutional Chamber of the Supreme Court gives tax reform bill the go-ahead

The Constitutional Chamber of the Supreme Court declared on Friday that the tax reform bill is constitutional. The bill will now go back to congress, where enough legislators have announced their support for the bill for it to pass.

Colon tanks, Costa Rica raises interest rates to slow inflation

For the first time in history, the Costa Rican Colon surpassed 600 colones per dollar. On Wednesday, some banks were reporting an exchange rate of ₡616 for $1.

Unions and government start talks to end strike

Representatives from the government and public-sector unions got together Wednesday in a preliminary meeting to seek an agreement to stop the general strike that has gripped the country since Sept. 10.

Costa Rican government and unions willing to start a dialogue to end the strike

The President of Costa Rica made an official statement expressing his willingness to establish a dialogue with the unions.

Costa Rican government seeks agreement with unions to end strike

President Carlos Alvarado urged the Catholic Church and university presidents to serve as mediators in talks with the unions that have been protesting a tax-reform bill since Monday.

Lawmakers look to reinstate corporate tax law

Costa Rica's Legislative Committee on Financial Affairs approved a bill to reinstate the country’s corporate tax law, which was ruled unconstitutional in 2015.

Costa Rica ponders tax on fast food, soft drinks

Officials from Costa Rica’s Social Security System on Tuesday reported the agency will allocate just over ₡3 trillion ($5.5 billion) of its budget for covering public health care expenses and pension payments in 2016.

Lawmakers propose tax cut for cruise ships docking at Caldera port

The measure aims to attract more cruise ships to the area and boost income for the tourism industry in Costa Rica's central Pacific area.

Tax on Costa Rica corporations is unconstitutional, says court

The Constitutional Chamber of the Supreme Court, or Sala IV, on Wednesday evening ruled three articles of the country's Corporate Tax Law unconstitutional, and as a result, collection will be suspended starting next year. The tax must be paid this year, however, by this Saturday's deadline.
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