QCOSTARICA - If you are the owner of a vehicle, the status of the yearly circulation permit known in Costa Rica as the marchamo, is a hot topic of discussion. The Marchamo has been a frequent news headliner over the last couple of months due to disagreements between legislators and the government over a reduction…
QCOSTARICA Tax value (valor fiscal en Spanish) of vehicles is at the whim of the Ministerio de Hacienda (Ministry of Finance). The value is calculated based on the make, model, and age of the car, which in many cases has no relation to market value. The tax value is used to calculate the registration…
QCOSTARICA The government of Costa Rica invested a total of $25 million dollars in the attempt to partially recover the data that had been stolen by Conti and Hive Ransomware between April and May last year, which had targeted the Ministerio de Hacienda (Ministry of Finance) and the Caja Costarricense de Seguro Social (CCSS)…
QCOSTARICA The reduction in the amount of the Marchamo for the 2024 period will be depending on the vehicle's fiscal value (tax value), from 5% to 50%, once the bill receives final approval this week. The bill, promoted by the Partido Liberal Progresista (PLP), was approved unanimously Monday afternoon in the first debate and…
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