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Businesses in Costa Rica pay some of region’s highest taxes

Friday, October 13, 2017

On average, companies in the Central American region pay 45.8 percent of their profits in taxes, while companies in Organization for Economic Cooperation and Development zcountries on average pay 41 percent.

A study on the evolution of the fiscal situation in Central America by the Federation of Central American Chambers of Commerce revealed that in Costa Rica, businesses must fork over a whopping 58.3 percent of their profits to the government.

Source: Costa Rica News