$25 Million of debt claimed to Florida Ice & Farm

The Costa Rican Institute of Agrarian Development (IDA) is trying to charge this sum as the principal and interest on a debt acculumated through unpaid taxes.

Thursday, February 19, 2009

IDA law establishes a tax of 5% on foreign and national beer and the differences in the manner of calculating the total amounts of previous years have motivated litigation and brought on the current situation.

More on this topic

El Salvador: Tax Debt Project Under Question

June 2016

The analysis made by Fusades concludes that the bill aiming to collect tax debts allows assets to be seized before it has been proven that there is a real debt.

From a report by the Salvadoran Foundation for Economic and Social Development (FUSADES):

Costa Rica: Debt Forgiveness for Tourism Companies

November 2014

A bill intends to forgive, subject to conditions, payments owed for sales tax, interest and penalties by businesses in the tourism sector.

From a statement issued by the President of Costa Rica:

Bill proposes to waive debts held by tourism businesses

• exemptions will be given from payment of sales tax, interest and penalties.

Nicaragua: Buying From Tax Debtors Banned

July 2013

Businessmen are opposing, because of its illegality, the position of the Department of Revenue, which is ordering free zone companies not to buy raw materials or services from providers who owe taxes.

In addition, the Department of Revenue (DGI by its initials in Spanish), asked companies to ask suppliers to pay off their debts, a proposal that has been rejected by the private sector.

Claim for Debt on Behalf of Florida Ice & Farm Suspended

March 2009

The Costa Rican Constitutional Court accepted an appeal filed by the company La Florida SA, a subsidiary of Fifco, against IDA (Agrarian Development Institute) and the Administrative Fiscal Court.

Mercedes Agüero wrote in Nacion.com: "The company asked the judges to overrule the resolutions by the Administrative Fiscal Court which held in favor of IDA.

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