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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Taxes

Mandatory vehicle inspection agency seeks up to 200 percent increase in prices

RITEVE says vehicle inspection rates haven't increased in 10 years, and blames the Public Works and Transport Ministry for failing to issue a methodology to calculate them.

Good news for travelers: Costa Rica’s airport exit tax (finally) will be added to ticket prices

Costa Rican officials are moving to eliminate an extra bureaucratic step for travelers who depart Costa Rica by air. Beginning Dec. 3, the country's $29 airport exit tax will be rolled into the price of airline tickets, Vice President Ana Helena Chacón said on Tuesday.

Insurance Institute begins collecting marchamo payments this week

The National Insurance Institute begins collecting payments today for mandatory vehicle circulation permits, known as marchamos, from an estimated 1.2 million auto owners across the country. The deadline to pay the marchamo is Dec. 31.

Finance Ministry updates income tax brackets, raises tax-exempt salary limit

Employees whose gross monthly income is less than â‚¡793,000 ($1,455) will be exempt from paying income tax, according to the latest update for the fiscal year 2015 approved by the Finance Ministry last week.

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

Representatives of the Costa Rican Restaurants Chamber warned this week that restaurant owners could face liquidity problems due to a 2 percent charge that banks will assess on all dining payments made with credit and debit cards.

The 2013 tax return extension deadline is approaching for US expats. Are you ready?

The deadline for US expats who applied for an extension on filing 2013 tax returns is Oct. 15.

Hitler reference stirs up Legislative Assembly session

Lawmaker Ottón Solís, the founder of the ruling Citizen Action Party (PAC), on Wednesday evening apologized to former President Óscar Arias for a remark he made referencing Adolf Hitler, following Arias’ announcement of a proposal to reduce the country’s fiscal deficit.

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

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 taxes.

New ombudswoman will prioritize complaints against hikes in utility rates, fuel prices

Costa Rica’s new ombudswoman, Montserrat Solano Carboni, has her work cut out for her: At least 730 pending complaints have accumulated since the resignation of Ofelia Taitelbaum on July 7.

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