Illicit Trade is 7% of ConsumptionIn Costa Rica, it is estimated that illegal trade mobilizes around $1.230 million per year, which is equivalent to 7% of household consumption.Thursday, August 22, 2019
According to a study by the Costa Rican Chamber of Commerce's (CCCR) Illicit Trade Observatory, the products most affected by smuggling are cigarettes, alcoholic beverages, spare parts for vehicles, clothing, pharmaceuticals and medicines. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Alcoholic Beverages: Bill Attempted to ReviveSeptember 2020 A bill is being considered in Costa Rica that proposes to identify each container of this type of beverage with a device, label or sticker in order to prevent smuggling, a measure that, according to business people, would not be effective. Smuggling on the rise in HondurasNovember 2017 It is estimated that 4 out of 10 products that are sold in the local market are of illegal origin, mostly medicines, liquors, soft drinks, beers and cigarettes. Costa Rica: Law Against Smuggling TightenedOctober 2015 The new law lowers from $50,000 to $5,000 the minimum amount of goods in infraction, for it to be considered as a crime of smuggling. Contraband Causes Losses of $1.6 billionSeptember 2013 Guatemala's Conacon estimates that the state loses no less than $1.6 billion a year in unpaid taxes due to contraband.
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