The Ministry of Finance has been clear that all people who generate income must pay taxes to the Treasury, including drivers who work for digital transport platforms, such as Uber. According to the specialist Marco Vargas, CPA with Vargas Vargas y Asociados firm, banks who providing payments may be required to pass this information to […]
Archives for January 2020
Magnitude 5.3 earthquake shakes Costa Rica
A magnitude 5.3 earthquake shook the country at 5:25 am on Tuesday, subsequent to a string of tremors that began at 3:33 am. The Costa Rican Volcanological and Seismological Observatory (Ovsicori) reported that the quake occurred 37.6 km southwest of Cambutal de Osa de Puntarenas and had a depth of 10 kilometers. Reports indicate that […]
Program reduces waiting times for surgeries in Cartago
The Max Peralta hospital in Cartago has reduced patient waiting times through a program for better allocation of resources. According to Krisia Díaz Valverde, director of the hospital center, the management of operating rooms are a topic of great importance, with which they have been working in a strong and determined way, taking in consideration […]
Public will no longer pay for the strikes of government employees
Taxpayers will no longer pay the abusive strikes of public officials. On Monday, President Carlos Alvarado Quesada signed legislation that regulates the right of public sector workers to strike. The plan had been approved in the second debate last Thursday by the deputies with 35 votes in favor. The law was promoted by the president […]
Business Owners Distrustful of Economic “recovery” Announced by Government
Contrary to the opinion of center bank president, Rodrigo Cubero, who says that the national economy is on a “solid recovery route”, business owners are more cautious, and ask for more time before declaring victory or debating changes. “I do not want to be neither pessimistic nor do I want to contradict the good omens […]
President of Central Bank Asks for Balance in Usury Legislation
The president of the Central Bank (BCCR), Rodrigo Cubero, urged the deputies to “carefully” address the bill that would set interest rate ceilings to curb usury. Cubero told lawmakers that two aspects must be taken into account on this issue: the elimination of abuses and prevent financial exclusion, the latter – he explained – would […]