A decrease in Costa Rica’s Consumer Price Index over the past year could mean more of the country's low-income workers will have to pay taxes next year, and some middle-income…
The Costa Rican government moved this week to reform the country's tax laws in an effort to attack the growing fiscal deficit, which has begun to raise…
Costa Rica is poised to reach its next big population milestone in just a few years. Costa Rica will reach a population of 5 million by 2018, according…
Finance Ministry officials this week presented a series of amendments to Costa Rica's sales and income tax laws in the hopes of increasing revenue by around ₡600,000 million ($1.1 billion). That…
Employees whose gross monthly income is less than ₡793,000 ($1,455) will be exempt from paying income tax, according to the latest update for the fiscal year 2015 approved…
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…