The Costa Rican Legislative Assembly through the Special Commission reached a consensus on the need to migrate to a global and dual income tax system. This change would imply that taxpayers consolidate all their income sources under a single tax rate, while income and capital gains would receive a differentiated treatment. In addition, they recommend maintaining the territorial income scheme and improving the efficiency of the tax system to combat tax evasion and encourage investment.
Consensus in the Legislative Assembly: migration to a global and dual income tax is needed
The Costa Rican Legislative Assembly through the Special Commission reached a consensus on the need to migrate to a global and dual income tax system. This change would imply that taxpayers consolidate all their sources of income under a single tax rate, while the income and gains from...