Costa Rican legislators back removal of tax on diesel

Legislators from several Costa Rican parties favor abolition of the sales tax on diesel, but only so long as there is no increase in gasoline prices.

Monday, July 7, 2008

The government had proposed removing the diesel tax but increasing the tax on gasoline.

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Costa Rican legislators reject higher taxes on gasoline

July 2008

Costa Rica's legislators rejected the government's proposal to increase taxes on gasoline in order to remove them from diesel.

Under a deal struck by the legislators and the executive, the shortfall in the nation's finances will be met instead by increased taxes on offshore banking, luxury vehicles, cigarettes, gambling and liquor.

Guatemala faces battle in Congress over measures to cut gasoline taxes

June 2008

Guatemala's government faces an uphill battle in Congress to win approval for its plans to reduce retail taxes on gasoline and diesel.

In order to win approval for the plan, the government needs the backing of 105 of the 158 members of the Lower House, but opposition parties who have 74 seats between them say they oppose the measures.

Costa Rica Reduces Hybrid Vehicle Tax

July 2013

The selective consumption tax charged on hybrid cars has dropped from 15% to 10%.

Among the reasons explaining the low penetration of hybrid vehicles in the Costa Rican market is the amount of taxes that are charged.

"New hybrid-electric vehicles under tariff headings 8703 and 8704, with cylinders not exceeding 2,000 cubic centimeters, will be able to benefit from a 20% reduction in the selective consumption tax," states the new provision.

Guatemalan legislators press for diesel tax cut

May 2008

Opposition legislators have called a special session of Guatemala's Congress to discuss a proposal to abolish the value-added tax on diesel.

As high diesel prices threaten to raise food prices and fares on public transport, the legislators say the tax cut is the only way to avoid a crisis.

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