BRICS bank viewed as competitor to IMF
In July, nations known as the “BRICS,” Brazil, Russia, India, China and South Africa, announced the creation of a new, $100 billion development bank (NDB). The project is aimed at…
Record drought hits Costa Rica, Central America’s crops and cattle
Central American agriculture ministers held a videoconference on August 7 to seek coordinated actions to cope with a major drought that has hit the region. The drought has killed thousands of…
No tax hikes until 2017 as government sets sights on evaders instead
Email this page August 8th, 2014 (InsideCostaRica.com) Costa Rica will delay plans to raise taxes until 2017 as the government of President Luis Guillermo Solis focuses on cracking down on…
Sixteen businesses including hotels, restaurants, and bars closed by tax authorities
Email this page August 8th, 2014 (InsideCostaRica.com) The Directorate of Taxation closed sixteen businesses in Alajuela, Heredia, and San Carlos this week for failing to pay the general sales tax…
If you own a vacation rental, Costa Rica’s taxmen have a message for you
Email this page August 7th, 2014 (InsideCostaRica.com) If you own a home, condo or apartment that you rent to tourists, the taxmen at Costa Rica’s Ministry of Finance want 13%.…
Some relief in gasoline prices might be coming soon
Email this page August 7th, 2014 (InsideCostaRica.com) The price of both super and regular gasoline could drop by as much as ¢30 per liter in September, according to the Costa…
Citi extends $45.5 million line of credit for Orosí wind farm
Email this page August 7th, 2014 (InsideCostaRica.com) Citigroup has issued a $45.5 million line of credit for the purchase and import of 25 wind turbines for the Orosí wind farm,…
Court to hear from group that wants to eliminate Riteve
Email this page August 5th, 2014 (InsideCostaRica.com) The First Supreme Court (Sala I) will hear tomorrow a petition by the Costa Rican Association of Integrated Automotive Workshops (ATICO) to make…
