The Government of the Republic, through the Ministry of Finance, will seek $50 million in financing from international organizations, for a period of between three and four years, in order to fight against Tax evasion. This was reported by Rodrigo Chaves, Minister of Finance.
With this debt, which would first have to be approved by the legislators, the Government would acquire technology that allows it to keep track of the money movements made in the country, so that no one escapes the payment of taxes.
The problem we have in Costa Rica with tax evasion is that we don’t have the systems, the technology that has worked in the rest of the world and that is working to collect better,”
said Chaves on Wednesday.
For example, it is intended to trace the information related to income, property, credit and balances of the same person or company to later ask if there is consistency between the assets declared with the expenses and the assets that are they have.
Chaves said that the program called “Digital Treasury” would be financed by international entities such as the Inter-American Development Bank (IDB) and the Central American Bank for Economic Integration (CABEI). The minister said they hope to have this financing approved by March 2020.
The hierarch described this investment as “indispensable”, because the Costa Rican State has a system designed 17 years ago.