Costa Rica Urged To Adopt VAT
by Mike Godfrey, Tax-News.com, Washington
29 December 2016
The International Monetary Fund has urged Costa Rican lawmakers to agree on much-needed consumption tax and income tax reforms.
The report said that the country has increased its income tax revenues and approved laws to tackle tax evasion. Corporate tax reforms are also before Congress.
However, the country's lawmakers have yet to green light the implementation a value-added tax in place of the current general sales tax, with the adoption of the levy beset by delays.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Hong Kong Business Entity Types - Guide »
- VAT Ventures in the Spotlight »
- New Beginnings... »
- Regional Focus: Europe »
- All Change in 2022? »
- Ten Actionable Steps to Start Your Business in the USA in 2022 »
- The Impressive Evolution of the UK's Bridging Loans Sector »
- An Agreeable Week for the US »
- Taking Tax Personally »
- Founder's Guide on Registering a Hong Kong Company »