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.
Lawmakers of the Legislative Commission on Childhood, Adolescence and Youth in a unanimous vote on Tuesday approved the drafting of a bill to increase from $29 to $33 the country's exit tax in order to provide funds for the National Olympic Committee.
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.
Currently some 952,000 workers in Costa Rica are exempt from the income tax but that figure likely would decrease if the Finance Ministry approves lower income brackets used to calculate taxes.
The new online platform, called Virtual Tax Administration (ATV), will be available at the ministry’s website and will replace current software taxpayers are required to install on their computers.
Francis Durman, a distinguished Costa Rican entrepreneur, has been honored with the prestigious Businessman of the Year Award by El Financiero. On Tuesday, December 10, El Financiero hosted the...
Costa Rica has taken a significant step in wildlife conservation by addressing the growing issue of wildlife electrocutions in Santa Fe de Cóbano, Guanacaste....
