Costa Rica: New 5% Cement TaxThe Legislative Assembly approved in second debate a bill that aims to tax in the country the sale and self-consumption of imported or locally produced cement.Tuesday, March 10, 2020
The initiative, which was approved in the first debate in the Assembly in mid-February and is still pending approval by the Executive Branch, establishes that the tax will be on imported cement produced nationally, in bags or in bulk, for sale or self-consumption, of any kind, whose destination is the consumption and marketing of the product nationally. ¿Le interesan los proyectos de construcción en Centroamérica?Conozca nuestro servicio de información que detalla las grandes construcciones que se están desarrollando en la región. Incluye urbanizaciones, edificios, hoteles, locales comerciales, carreteras e infraestructura pública, entre otros. Ver ahora Costa Rica: 5% Tax on CementFebruary 2020 The Assembly approved in first debate a bill that seeks to tax the sale and self-consumption of cement that is imported or locally produced. Tax Creation as CultureAugust 2019 Businessmen regret the fact that in Costa Rica is constant the creation of new taxes, fees and canons as an easy and quick solution to problems affecting the country, such as the bill that seeks to tax the use of plastic. Costa Rica: Tax on CementMarch 2018 A bill that is being discussed in the Legislative Assembly proposes establishing a tax of 5% on the net sale price of imported or locally produced cement. Construction: Cement Costs Rise Due to TaxesFebruary 2015 The construction union of Guatemala states that construction costs have increased by about 6% since the entry into force in January of a tax on the distribution of cement.
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