Costa Rica and the New Tax Plans

Under study in the Legislature are 26 bills involving new taxes, increases of some existing ones and redistribution of others.

Monday, March 27, 2017

An analysis piece by Nacion.com notes that the Legislative Assembly is currently considering 26 bills introduced during the current administration which in some way involve the issue of taxes.  "... Of the total projects, 50% are attempts to raise them or create a new type of tax or fees. "

The proposals, which do not include the bill on income and sales taxes proposed by the Executive Branch, range from an increase in the departure tax to creating a 3% tax on alcoholic beverages. With this initiative, currently being discussed in a special committee, the aim is to fund high-cost medicines used by the CCSS.

Nacion.com reports that among the bills that would raise or create a new tax, is the "...initiative to make telecom operators such as the ICE, Movistar or Claro charge companies like Netflix or Spotify for use of their infrastructure .... "

Among the bills in the Legislative Assembly that would redistribute a tax or change the destination of funds raised by them is the "...amendment to article 36 of Law No. 4,895 created by Corbana (No. 19,625) , " which proposes " ... making a fair redistribution of taxes paid per box of bananas. "

See list of projects in the article published by Nacion.com (In Spanish)

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