Costa Rica fiscal reform project includes global income tax of 15 percent of revenues generated in another country
The Costa Rican government and the Citizens’ Action Party assure that the proposal to include a "global income tax" in the fiscal reform will not affect those with fewer financial resources because it is progressive.
The global income tax is one of two points agreed to by the government and the opposition party to fast track the reform.
The proposed plan calls for a 15 percent tax on revenues generated in another country and moved to Costa Rica. Exempt from the global tax capital gains by way of inheritances, bequests and donations. The tax would apply to all income from a dual perspective: income generated from labour and capital.
Original source: Inside Costa Rica