Taxation in Costa Rica - Taxation: News & Information

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“Sin Tax” Collections Down in Philippines

Collections of the so-called “sin taxes” levied on “sinful” products, such as cigarettes and alcohol, dropped in 2011, leading to calls for a reform of the excise tax system.

“Sin Tax” CollectionIndia Delays Tax Changes

India will aim to boost the confidence of international entrepreneurs investing in India by delaying the implementation of new anti-avoidance rules and reducing withholding taxes and excise duties.

ID Thieves in USA Steal $26 Mil of Refunds

More than 600 000 US taxpayers were victims of identity tax fraud in 2011, and the IRS does not have the capabilities to adequately detect and prevent such offenses.

One Third of Taxes in Australia to Fund Welfare System

Almost AUD 100 from the tax payments made every week by an average Australian will now go directly to funding national welfare programs to subsidies low income families.

US Considers Business Tax Reforms

The Obama administration has proposed a major update of the corporate tax rules in the USA, which would broaden the base for corporate taxes, simplify compliance, reduce the corporate tax rate, and encourage a greater level growth in the country’s manufacturing sector.

Nov 8, 20110

Costa Rica Heats Up Reform Talks

Categories: Taxation in Costa Rica

SAN JOSE – Debates are rising in Costa Rica over the government’s proposed fiscal reform plans, with several parties stepping forward to claim that the changes would result in lessening of foreign investment in the country. On November 4th the Foreign Trade Minister of Costa Rica Anabel González gave a speech at the country’s Legislative [...]

SAN JOSE - Debates are rising in Costa Rica over the government’s proposed fiscal reform plans, with several parties stepping forward to claim that the changes would result in lessening of foreign investment in the country. On November 4th the Foreign Trade Minister of Costa Rica Anabel González gave a speech at the country’s Legislative Assembly, voicing her criticism of the tax reform proposals. She is the first member of Presidenta Laura Chinchilla’s administration to openly speak out against the proposed changes. The ... Read More