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What is the tax system in Costa Rica?
In Costa Rica, the tax system is based on the principle of equity and solidarity. The income tax is progressive, meaning that people with higher incomes pay a higher percentage. There are also value-added taxes (VAT), property taxes, sales taxes and other levies that help finance public expenditures and government services.
What is the Simplified Tax Regime (RET) in the Dominican Republic?
The Simplified Tax Regime (RET) in the Dominican Republic is a simplified tax system designed for small taxpayers. It allows certain businesses and professionals to pay taxes at a flat rate instead of calculating them based on their actual income. The RET has specific requirements and income limits to qualify. Taxpayers in the RET must comply with certain tax obligations, file returns and pay taxes in a simplified manner
What are the advantages of maintaining good tax records in Mexico for individuals?
For individuals, maintaining a good tax record in Mexico can translate into the ability to access mortgage and personal loans on favorable terms, as well as the ability to apply for government subsidies and participate in tax benefit programs.
What is terrorist financing and how is it related to money laundering in Guatemala?
Terrorist financing involves providing financial resources or support for terrorist activities. In Guatemala, anti-money laundering regulations also include measures to detect and prevent terrorist financing, as both illicit activities are often interconnected.
What is the statute of limitations for the recovery of tax debts in Costa Rica?
In Costa Rica, the statute of limitations for the recovery of tax debts may vary depending on the type of debt and specific circumstances. Generally, the statute of limitations is four years from the expiration of the payment period. However, the prescription can be suspended or interrupted in certain cases, which extends the period for recovery.
How are insurance obligations regulated in a contract for the sale of high-value goods in Argentina?
In contracts for the sale of high value goods in Argentina, insurance obligations must be addressed. This may include each party's responsibility to insure the goods during transportation, as well as specific insurance coverage to protect against loss or damage.
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