Costa Rica: Embargo Eliminated from Law on Tax Evasion

The new draft law on tax fraud prepared by the opposition and which must be reviewed by the Ministry of Finance excludes the concept of collection and seizure by administrative authorities.

Wednesday, June 24, 2015

After having negotiated for the opposition bloc in Congress to amend the bill originally submitted by the Ministry of Finance, the new bill is ready and among the changes is the elimination of the incorporation of the concept of fines and embargos imposed administratively. It maintains the collection and seizure of tax debts through the courts. reports that "... Another reform is that when a Treasury official opens a judicial process, this will be represented by a public defender and not by the Attorney General's Office, as proposed by the law. "

"Moreover, the tax on accountants and sanctions imposed according to the previous initiative have been eliminated ....In every other respect the initiative remains as it was presented by the Executive. "

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