Marchamo brings in $13.8 million

Despite controversy and the threat of a constitutional court appeal, some 44,000 vehicle owners have paid their annual marchamo or road tax, said the Instituto Nacional de Seguros Friday.

The payments amounts to 7.2 billion colons or about $13.8 million, said the state insurance firm.

The deadline for paying without penalty is Dec. 31.

The controversy stems from what appears to be an overvaluation of vehicles for purposes of the government property tax, which is the major share of the marchamo.

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