Cost Rica

Try Living In Costa Rica!

Posted on February 2nd, by Global Tax Weekly in Corporation Tax, Individual Taxation. No Comments

Apparently, taxpayer dissatisfaction with the United States tax code has reached a 12-year high (or should that be low?). But if you’re a frustrated US taxpayer growing increasingly impatient at congressional impotence on tax reform, then try living in Costa Rica! Ever noticed how, when a car alarm is blaring away in the street, instead of investigating or calling the police, people tend to ignore it? In fact, they might not even notice it, having mentally filtered out this particular noise-pest long ago. The same could be said of Costa Rican finance ministers when they issue their regular calls for the completion of long-awaited tax reform, which has been on the drawing board in one form or another for more than a decade now. Last week, incumbent finance minister Helio Fallas urged lawmakers to finally approve measures designed to shore … Read More »


Australia Announces Budget Measures

The Australian Government announced in its Budget that it would be bringing forward personal tax cuts that had been scheduled for 2022.

The Australian authorities...

UK Clarifies VAT Rules

In the UK, while things are gearing up to get more complicated on pretty much all fronts, the tax authority sought to provide clarity...

Australia Focussing On COVID-19 Compliance

In Australia, the ATO is highlighting non-compliance by some businesses with the rules regarding eligibility for providing JobKeeper payments.

The JobKeeper Payment scheme is a...