Costa Rica Among the Countries with the Lowest VAT in Latin America
After Netflix had to rectify how much Value Added Tax (VAT) it would charge Costa Ricans, it made it clear that taxes are higher in other latitudes where they offer their services
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How Can Costa Rican Companies Operating in Australia Find the Top Criminal Record Check Services?
In July 2016, a man in New Zealand was found to have funneled hundreds of thousands of dollars from the company's funds to his private account. Guess what? 10 years ago, he defrauded his former employer of over $1...
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Are There Products for which I Will Pay less Tax? Know the Possible Changes in the Basic Goods and Services Basket
Cleaning products, personal hygiene and school supplies will be included in the basic goods and services basket (official list of products), as long as they are goods consumed primarily by at least 30% of the households with the lowest...
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Airbnb is Positioned as an Excellent Platform to Reactivate the Costa Rican Economy
The Airbnb accommodation platform released the results of a survey conducted with hosts and guests in Costa Rica, which shows the dynamics of its community in the country, that is becoming larger and more varied, and the positive economic...
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ICT and ACOPROT Launch Employment Exchange with 24 Categories of the Tourism Sector
The tourism sector has been one of the most affected by COVID-19 pandemic, which has made thousands of people unemployed in our country. Faced with this situation, the Costa Rican Tourism Institute (ICT) and the Costa Rican Association of...
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President Alvarado Gives Important Announcements to the Nation
President Carlos Alvarado announced, There will be no increases in the Value Added Tax, wages below 800 thousand colones will not be affected, there will be no massive layoffs of public sector workers, or sale of State assets...
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Outdoor Trade Project Seeks to Authorize Temporary Sales in Public Spaces
A legislative bill presented by the deputy of the National Liberation Party (PLN), Roberto Thompson; Deputy Paola Vega of the Citizen Action Party (PAC), and Pablo Abarca of the Christian Social Unity Party (PUSC); intends to support the economic...
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Franchise Summit Will Prepare this Sector for the Covid-19 Reality
With more than 360 brands, of which 22% are national, franchises have been a source of employment and economic growth in recent years for the country. In the context of the health emergency, these businesses need to have tools...
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These are the cross-border digital services that will pay 13% VAT as of October 1st
Cross-border digital services are those provided by a provider not domiciled in the country through the Internet or any other digital platform and that is consumed in the national territory, such as Netflix, Airbnb, and Amazon, among others, and...
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The Unusual Real Estate “Boom” during the Worst Global Crisis in Recent Decades
While the global economic crisis has left a mark of misery, there is an incredible real estate boom in many countries of the world. In markets such as Turkey, the Philippines, or Germany, the price of houses soared in...
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New Canadian Airline Begins Operations at Guanacaste Airport
Guanacaste Airport, a member of the VINCI Airports network, and the Costa Rican Tourism Institute (ICT) announce the launch...