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Restaurant owners say 2 percent bank charge on credit, debit transactions could cause problems
Business
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Business
1889 views

Restaurant owners say 2 percent bank charge on credit, debit transactions could cause problems

L. Arias - October 9, 2014

Representatives of the Costa Rican Restaurants Chamber (CACORE) warned this week that restaurant owners could face liquidity problems from a 2 percent charge that banks will assess on all dining payments made with credit and debit…

Stick to peace planning, says PAC founder of ex-President Arias’ plan to reduce Costa Rica’s fiscal deficit
Business
1962 views
Business
1962 views

Stick to peace planning, says PAC founder of ex-President Arias’ plan to reduce Costa Rica’s fiscal deficit

Fabiola Pomareda - September 30, 2014

Costa Rica’s former two-term President Óscar Arias on Tuesday announced a proposal to reduce the country’s fiscal deficit that included a mix of both direct and indirect…

Tourism chamber leaders vow to escalate fight against added sales tax
Business
1724 views
Business
1724 views

Tourism chamber leaders vow to escalate fight against added sales tax

L. Arias - September 9, 2014

Leaders of the National Tourism Chamber (CANATUR) on Tuesday said they will use all available legal tactics to challenge a Finance Ministry order to start collecting 13 percent…

It’s getting more expensive to give up your US citizenship
Adios Uncle Sam
2482 views
Adios Uncle Sam
2482 views

It’s getting more expensive to give up your US citizenship

The Tico Times - September 4, 2014

Don’t let the door hit you on the way out! The processing fee to renounce U.S. citizenship went up 422 percent, according to a press release from the…

Another decree angers Costa Rica’s tourism sector
Business
1810 views
Business
1810 views

Another decree angers Costa Rica’s tourism sector

L. Arias - August 26, 2014

A reorganization of the Solís administration has the tourism sector on edge. On Monday, the Costa Rican Chamber of Hotels criticized a decree signed by President Luis…

Tourism entrepreneurs urge President Solís to block retroactive sales tax
Business
1861 views
Business
1861 views

Tourism entrepreneurs urge President Solís to block retroactive sales tax

L. Arias - August 21, 2014

Leaders of the National Tourism Chamber (CANATUR) sent President Luis Guillermo Solís a letter asking him to block a Finance Ministry decree ordering tourism businesses to collect sales tax on several tourism…

Tourism chambers outraged over latest Tax Administration order for businesses to collect sales tax on tourism activities
Business
1609 views
Business
1609 views

Tourism chambers outraged over latest Tax Administration order for businesses to collect sales tax on tourism activities

L. Arias - August 12, 2014

Concerns by the National Tourism Chamber (CANATUR) became a reality on Friday as the Tax Administration issued an order to businesses to begin charging sales tax on all tourism activities. The Tax…

Finance Ministry submits bill to improve tax collection, reduce evasion
Business
1967 views
Business
1967 views

Finance Ministry submits bill to improve tax collection, reduce evasion

L. Arias - August 1, 2014

Finance Ministry officials on Thursday presented lawmakers a bill proposing a number of amendments to existing tax legislation to combat evasion and improve efficiency in collection. The bill sent…

Costa Rica’s ombudswoman resigns amid tax fraud probe
Crime
2479 views
Crime
2479 views

Costa Rica’s ombudswoman resigns amid tax fraud probe

L. Arias - July 7, 2014

Ombudswoman Ofelia Taitelbaum on Monday morning submitted a letter of resignation to the Legislative Assembly just days after lawmakers and Judicial Investigation Police announced they would open an investigation into allegations…

Business sector ask President Solís for stricter control of tax dodgers, black market sales
Business
1353 views
Business
1353 views

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

L. Arias - May 23, 2014

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,…