The project, worked under file No. 22.383, aims to unify the tax obligations for Costa Rica tax residents. Depending on the amount, it would be taxed between 10 and 27.5%.
The Executive Branch summed 36 bills to the floor of the Legislative Assembly for debate, including three that relate to Costa Rica's negotiations with the International Monetary Fund (IMF).
The Central American country's fiscal deficit reached 8.3% of GDP in 2020, the highest in the last four decades, although lower than the Central Bank's 9.2% projection.
The original IMF proposal unleashed a wave of protests, with road blocks throughout the country, which forced the government of Carlos Alvarado to withdraw the initiative.
