BUSINESS

Costa Rica unveils revised plan to tax online gaming

TAGs: Gambling Control Board, tax

Costa-Rica-TaxCosta Rica’s government has released details about its revised plan to tax the online gambling companies that call the Central American nation home. The proposal envisions the setting up of a Gambling Control Board with the authority to issue licenses of up to six years in duration. Gaming sites would be charged an annual flat fee of US $50K, as well as a 0.5% levy on gross income. Gaming sites that might balk at such sums might want to consider that if the country has enough money to fight crime on its own, it might not need to ‘invite’ in the US Marine Corps to do the job. Read more.

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