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Tax Revolution Institute – by Fergus Hodgson
A small Central American nation has achieved such a clear victory for taxpayer rights, it should make the Internal Revenue Service blush.
Costa Rica not only prohibits the taking of assets in tax audits, the Constitutional Court has struck down the collection of penalties and adjustments in the absence of a trial and conviction in the Administrative Tax Court. As reported in El Financiero, the ruling came on August 31 and nullified Article 144 of the national Tax Code. Continue reading “Costa Rica Strikes Down Asset Seizures, Puts IRS to Shame”
