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Costa Rica Ramping Up Efforts Against Tax Evaders

by Mike Godfrey, Tax-News.com, Washington

13 July 2015

The Costa Rican Government conducted a large number of tax compliance inspections during the months of June and July, the Ministry of Finance said.

Officials from the Directorate General of Taxation and the Fiscal Control Police visited businesses in the provinces of Puntarenas, Guanacaste, Heredia, and Alajuela. Teams from these agencies ensured that the businesses were registered, they checked the origin of products being sold, and looked at whether the businesses were fulfilling their tax obligations.

The first inspections of this kind were carried out in Puntarenas and Guanacaste in March and April of this year, covering 411 businesses. During this operation, it was determined that the rate of non-compliance was 51 percent in Guanacaste and 49 percent in Puntarenas.

"Our fight against tax evasion continues," Vice-Minister of Finance Fernando Rodríguez said. "This type of operation allows us to identify businesses that do not comply and apply appropriate sanctions." The Vice-Minister said that the inspections have helped to show the scale of tax evasion in the country.

The Finance Ministry emphasized the importance of strengthening the legal framework for tackling tax evasion. It called for the adoption of the anti-fraud draft law that is under discussion in the legislative assembly.

TAGS: compliance | Finance | tax | business | tax compliance | law | Costa Rica | Tax | Tax Evasion

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