Taxes in Costa Rica: More Collection Pressure

The new government has announced that it will focus on controlling evasion by large taxpayers, professionals and payment of sales tax.

Monday, April 21, 2014

The Citizen Action Party of President-elect Luis Guillermo Solís, is working on a proposal to stop tax evasion, focusing on what are considered the three main evaders: large companies, independent professionals and those who do not pay sales tax.

"In the first case, they will start by monitoring over 1,000 large companies, according to data in possession of the elected deputy, a significant reduction in taxes was reported and they are not even exempt."

As for sales tax, the elected deputy Henry Mora told "that adjustments should be made cautiously but for example, there is a need to make requirement for all those companies trading via catalogs to pay, an activity which has never incurred taxes."

"We will make freelance professionals pay with the implementation of electronic invoicing which was announced by this government and never implemented," said Mora. "

More on this topic

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July 2017

The good functioning of the institution in charge of collecting taxes is vital for ensuring economic development, as it means that honest companies who comply with their fiscal obligations are not at a disadvantage to those who don't.


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June 2014

Replacing Sales Tax with VAT, applying a system of global income and maintaining exemptions in free zones are part of the projects being prepared by the government.

With the three projects he plans to introduce in the Legislature, the Executive leader intends to increase total tax revenue to 2% of GDP in two years and completely eliminate the primary deficit, which at the end of 2013 was 2.8% of GDP.

Guatemala: Tax Controls Tightened

May 2014

Extraordinary measures announced by the tax authorities will focus on reviewing withholding tax, declarations and verification of income tax.

Verification of statements of withholding agents, recalculation of retention for taxpayers with incomes over $3.886, monitoring omissions and frequent verification of cases of taxpayers of the higher tax interest, are part of the measures to be applied to the deficit of $87 million resulting from the last collection period.

Costa Rica: Tax Reform in Election Speeches

September 2013

The main political parties running in the upcoming presidential and legislative election point to the need for tax reform.

Johnny Araya, candidate for the Partido Liberación Nacional, believes what should be done is to "create a National Tax Agency (NTA), to improve collection, as a decentralized agency of the Treasury, with a special procurement regime.

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