Tax on Construction Machinery Annulled
In Costa Rica a ruling has declared that the collection of property tax for motor vehicles used as construction machinery is unconstitutional.
Wednesday, July 25, 2012
The court ruling states that tax should only be applied to vehicles used for transport and transfer of persons or goods (goods, furniture, etc..) and not for machinery used in construction.
For the third time the Constitutional Court has prevented an attempt to expand by 200 meters the containment ring in the Greater Metropolitan Area (GAM).
Sellers of used cars in Costa Rica believe there is discrimination in the way the Ministry of Finance estimates import taxes on cars.
The Constitutional Court has declared the practice unconstitutional and has prohibited the granting of new fishing licenses.
More than 500 companies categorized as large taxpayers will be able to avoid providing sensitive information on themselves and third parties, such as suppliers and shareholders, to the Directorate General of Taxation.
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