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January 4, 2012 at 12:00 am #172938crhomebuilderMember
CR Tributación (IRS) Wants Access To Bank Accounts
Strengthening of the tax administration, cleansing, fiscal transparency and knowing the monthly income received by Costa Ricans, is all part of a plan by the ministerio de Hacienda (Ministry of Finance or Taxation) to decrease tax evasion.
If the change is approved, according to Francisco Villalobos, director de Tributación (Taxation), Hacienda could learn the real amount of the income of the taxpayer against the amount reported.
Villalobos has made a call to legislators to move forward with the proposal.
“The first is that tax authorities have greater access to bank information of taxpayers. It is not intended to pry into account activity, but to lean the average balance of their accounts, when the Tributación is investigating certain sectors or when trying to determine whether there are elements of risk in the behavior of a taxpayer”, said Villalobos.
The other is to allow Tributación to collect the tax while the taxpayer is being submitted to a judicial process. Today, a taxpayer can stall the payment while the process is ongoing. For Villalobos, the taxpayer should pay up or secure the amount owed while he or she exercises their right to litigation, a process that can take up to seven years or more.
Juan Carlos Mendoza, President of the Legislative Assembly, is in favour of improving the tax collection process and says that there is a willingness amount legislators to discuss the points raised by Tributación, but it is up to the Executive branch (government) to place it as a priority on the legislative agenda.
The third point requested by Tributación is that the powers of collection be in their hands and not in the hands of the judiciary, as they are today
In 2011, Tributación set its sights on self employed professionals and soccer players, increasing collection by over ¢20 billion colones, which on average equates to 1.5% of the Gross Domestic Product.[url=http://www.insidecostarica.com/dailynews/2012/january/04/costarica12010401.htm]Your text to link here…[/url]January 4, 2012 at 5:38 pm #172939smekulyMemberthese are scary times indeed.
initially I would just shrugged this off as something that will never occur here. BUT
like a drug addict.
costa rica has already tasted blood (metaphorically speaking) with regards to some successful tax collections these past 2 years.
now they will be gearing up with all sorts of ways to tax, tax and tax some more.
and to all the people that feel paying taxes is a moral obligation… good for you..
that is your own personal rationalization of being powerless of not being able to do anything. and you can continue to walk around in that bent over position allowing these idiots to keep milking our money and nothing to show for it.
[b]here is an observation… and I would welcome different views on this just to tell me I am off base…. I want to be wrong here..[/b]
costa rica
1. has the most expensive fuel in central america.
2. cars and car parts are the most expensive in central america
3. appliances and electronics are the most expensive in central america.
4. traffic tickets are the most expensive in the world
5. now that the U.S. has gone thru alot of adjustments with pricing in real estate..
you can buy a nice house in places like florida for less than buying a house here??
[b]where is all this money????[/b]
I can see why professionals that I have relationships with all say the same thing..
and I would meet many in the business that I had before
paying taxes here is like throwing money into the wind.. since there is NO accountability.
don’t misunderstand me..
taxes are indeed necessary .. but not in this way.
like scott previously stated
do not keep any large amounts of money here..
and if you do.. the best way to protect this would be to buy small tico style homes under $100 grand..
and then sell them financed. at the current interest rate.
give them a 30 year mortgage with 10% down.. and just collect your monthly revenue. this keeps any large sums safer and out of the banks.
saludos
steve
PS. Being here for so long is like watching a movie that you watched before… as you see things unfold similar to the U.S. so its NOT that I am smart by all means I am a laymen…. but its not brain surgery to witness these repeating issues.
January 4, 2012 at 9:24 pm #172940GEEGEEMemberI believe this is the same conversation we had a few days ago when Les, said we need to pay our fair share.
I have to agree with you 100% here. AS I said, we pay our
fair share on every item you purchase there is an huge tax
added on.
WHERE IS THE MONEY? WHAT DOES THE GOVERNMENT DO WITH ALL THE
TAXES THEY COLLECT? AIRPORT IS A HUGE TAX FOR EVERY TRAVELER.
U.S. has stepped in to C.Rica, banks, taxes, traffic cameras, traffic tickets,and now COSTA RICA IRS…(suppose our IRS is going to show them how to collect and manage the taxes is a very effective way)…..Like they do in the USA..
HAHA HA HA……WOW…GREEDy teaching a class in more Greed to the Greedy.
They will say this is for the Drug Traffic….
YA, that the Government is tied into. Where is all the money
that they find in cars, houses, and the Big Bust a few months ago in the 10’s of MILLIONS?? IS the government TRANSPARENT??? Do they use this money to fight Drugs or the Officials go on vacation and take it to other bank accounts in other countries….LET ME SEE….. HUUMMMMMMMMMMMMMMMMMM. NOT a hard question
to answer is it…
How do the Ticos stop this right NOW in their country??
We cant even do it in our own country.
We know the problem, what is the solution?GG
[quote=”smekuly”]these are scary times indeed.
initially I would just shrugged this off as something that will never occur here. BUT
like a drug addict.
costa rica has already tasted blood (metaphorically speaking) with regards to some successful tax collections these past 2 years.
now they will be gearing up with all sorts of ways to tax, tax and tax some more.
and to all the people that feel paying taxes is a moral obligation… good for you..
that is your own personal rationalization of being powerless of not being able to do anything. and you can continue to walk around in that bent over position allowing these idiots to keep milking our money and nothing to show for it.
[b]here is an observation… and I would welcome different views on this just to tell me I am off base…. I want to be wrong here..[/b]
costa rica
1. has the most expensive fuel in central america.
2. cars and car parts are the most expensive in central america
3. appliances and electronics are the most expensive in central america.
4. traffic tickets are the most expensive in the world
5. now that the U.S. has gone thru alot of adjustments with pricing in real estate..
you can buy a nice house in places like florida for less than buying a house here??
[b]where is all this money????[/b]
I can see why professionals that I have relationships with all say the same thing..
and I would meet many in the business that I had before
paying taxes here is like throwing money into the wind.. since there is NO accountability.
don’t misunderstand me..
taxes are indeed necessary .. but not in this way.
like scott previously stated
do not keep any large amounts of money here..
and if you do.. the best way to protect this would be to buy small tico style homes under $100 grand..
and then sell them financed. at the current interest rate.
give them a 30 year mortgage with 10% down.. and just collect your monthly revenue. this keeps any large sums safer and out of the banks.
saludos
steve
PS. Being here for so long is like watching a movie that you watched before… as you see things unfold similar to the U.S. so its NOT that I am smart by all means I am a laymen…. but its not brain surgery to witness these repeating issues.[/quote]
January 5, 2012 at 5:14 pm #172941waggoner41Member[quote=”smekuly”]
[b]where is all this money????[/b]I can see why professionals that I have relationships with all say the same thing…
and I would meet many in the business that I had before
paying taxes here is like throwing money into the wind.. since there is NO accountability.
don’t misunderstand me..
taxes are indeed necessary .. but not in this way.
like scott previously stated
saludos
steve
PS. Being here for so long is like watching a movie that you watched before… as you see things unfold similar to the U.S. so its NOT that I am smart by all means I am a laymen…. but its not brain surgery to witness these repeating issues.[/quote]
I have no disagreement with your take on these issues.
The largest problem is with transparency in government. We have no way of knowing where the money goes.
The other problem is that the government has had no way of checking on income for the wealthy and large numbers of self employed Ticos are gaming the system on the backs of the poor whose taxes are paid by their employers. I can see where there is a need to know the financial status of those who are self employed who do not pay their fair share.
Being self employed yourself, I see no problem with the requests for you unless you are one of those avoiding being taxed on your total income.
As a first priority, the government needs to be very open about where the money goes so that it can be determined how much is needed. Then pass the financial requests so that they can revamp the system of taxation by applying a fair progressive income tax.
The way it is now the sales tax is a very poor way to finance government placing an unfair burden on those with a poorer income.
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[quote=”GEEGEE”] I believe this is the same conversation we had a few days ago when Les, said we need to pay our fair share.
I have to agree with you 100% here. AS I said, we pay our
fair share on every item you purchase there is an huge tax
added on.
WHERE IS THE MONEY? WHAT DOES THE GOVERNMENT DO WITH ALL THE
TAXES THEY COLLECT? AIRPORT IS A HUGE TAX FOR EVERY TRAVELER.
U.S. has stepped in to C.Rica, banks, taxes, traffic cameras, traffic tickets,and now COSTA RICA IRS…(suppose our IRS is going to show them how to collect and manage the taxes is a very effective way)…..Like they do in the USA..
HAHA HA HA……LET ME SEE….. HUUMMMMMMMMMMMMMMMMMM. NOT a hard question
to answer is it…
How do the Ticos stop this right NOW in their country??
We cant even do it in our own country.
We know the problem, what is the solution?GG[/quote]
What I am advocating is a fair progressive income tax that takes the burden of financing government off the backs of the poor. If it is done properly, there could be a huge reduction in the sales tax. Our property taxes finance the cantons.
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