President proposed five laws to support value-added tax

The value-added tax will survive a second vote, a confident President Laura Chinchilla said Tuesday. She said she was promoting for five new laws that will complement the tax reform.

The reform passed the first debate last week but is held up because the Sala IV constitutional court has been asked by opposition lawmakers to consider the seedy way it was passed.

The five proposed laws will strengthen the fiscal reform, said the president during a press conference Tuesday morning at the Casa Presidencial.

The five initiatives are about strengthening tax management, fiscal transparency, rationalize public spending, and create a policy that will enable debt management. The final initiative is to allow international information exchange among different countries to prevent tax fraud.

The country wants more of its legislators, said the president at the same time in reference to the Sala IV appeal. She said she was upset that lawmakers are leaving the final verdict to judges instead of taking the responsibility themselves.

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