Costa Rica's Luxury Home Tax: Targeting Shanty Towns

Article Date : 19 November 2008

Costa Rican lawmakers recently passed a legislation that will levy a new property tax on houses valued at more than 100 million colons, or approximately $180,800 at today's exchange rate. Dubbed "the luxury home tax," the proceeds are to be used specifically toward the fight to eliminate shanty...

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Costa Rica's Luxury Home Tax: Targeting Shanty Towns

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