The airline Nature Air and Uber are offering 1,600 air tickets on a contest for flying within Costa Rica (except to Punta island and Limón). The contest started on June 10 and will close on July 10. The air tickets can be used up to November 15. For winning customers must open the Uber app […]
Worldwide income tax isn’t appropiate for a capital receptor country
Accounting expert Luis Chacón, from the legal firm BLP, doubts that the Finance Ministry has the means to collect worldwide income tax to Costa Rican tax residents. Chacón added that the Finance Ministry recognized the difficulties to tackle tax evasion on revenues generated within Costa Rica. This recognition has prompted the government to request that […]
Government needs $115 million to investigate Panama Papers
President Luis Guillermo Solís has approved a request to the Legislative Assembly for $115 million to fund an investigation of the Panama Papers on the part of the Finance Ministry. Solís said investigating this case is important because tax evasion contributes to the fiscal deficit and the need to raise taxes. The funds will be used to hire additional staff that […]
Hotel owners call unconstitutional exit tax hike
Hotel businesses are opposed to a presidential decree that increases the exit tax by $2. The tax would go into effect in two months and is intended to fund the Animal Health National Service (SENASA). Gustavo Araya, president of the hotels association said the decree is unconstitutional, since the executive branch can not create new taxes without authorization of […]
Court says fuel rises can be used to pay employees benefits
With four votes in favor and three against, the Constitutional Court decided that the financial need to cover employees benefits justifies fuel price increases by the state oil refinery (RECOPE). The sentence invalidates a decision by the Public Services Regulatory Authority (ARESEP), which discounted 5 billion in personnel costs from estimation to justify a rise […]
Costa Rica rises emergency level due to African immigrants
On Friday, the Emergencies National Commission (CNE) declared yellow emergency in three regions of the country for providing assistance to hundreds of African migrants. Authorities are already assisting 800 African migrants. However, there are many more surviving with their own means. Poor sanitary conditions have already caused a migrant’s death for a breathing illness, and […]