Sunday, July 21, 2024

Logo Central America Link

Businesses in Costa Rica, both national and foreign-owned, likely to face $300 tax next year to pay for better security

Wednesday, August 10, 2011

\ Costa Rica’s legislative assembly approved a $300 annual tax for Costa Rican businesses.\ \ If the bill passes a second vote, the tax will be applied to Costa Rican corporations, foreign companies with offices in Costa Rica and limited liability corporations as early as January.\ \ The money obtained from the tax will be used to improve national security. President Laura Chinchilla has said that the funds collected would be used to bolster police and security forces.\ \ Original source: Tico Times\ \ \ \