Costa Rica aims to raise $1 billion in new taxes
After months of study and consultations, the Costa Rican government presented its long-awaited fiscal reform to the Legislature.
The proposal aims to raise $1 billion a year in taxes, equivalent to 2.5 percent of gross domestic product.
The Legislature is being asked to pass a 14 percent value-added tax that will cover all goods and services.
Original source (in Spanish): La República