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
- Corporate Taxes take Center Stage »
- Reporting, Rule Changes and Reversals… »
- Buying a Home at Auction: Key Questions and Considerations »
- Compliance Concerns Under Consideration »
- Securing Finance for Development Projects »
- Tax Headlines on Headline Taxes »
- How to start a Corporation in California? »
- VAT's (not) All, Folks! »
- Cyprus Trusts: Outline and Practical Approach »
- Compliance on the Cards »