Costa Rica Real Estate Blogs – Newsfeeds American European Real Estate Group

Costa Rica news, information, plus real estate & investment advice

Autor: AE Costa Rica Real Estate Content Writer

~ 28/10/05

28 legislators approved a motion submitted by Liberation representative Luis Gerardo Villanueva, which reduces the VAT from 10% to 6% on professional services.  The reduction was needed to shore up flagging support for the moribund tax plan. It represents a loss of 3.5 billion to 4 billion colones from the package’s projected earnings.

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