Costa Rica Awards Contract to Modernize National Tax System
* BearingPoint, Inc., one of the world's largest management and technology consulting firms, has been selected by the Costa Rican Ministerio de Hacienda (Ministry of Finance) to develop and implement a new tax system for the country.
The contract is valued at us$20 million over two years.
Costa Rica will use an SAP solution specialized for the Public Sector for its new tax system, which will be able to interoperate with the country's legacy system, and will also be one of the first such systems to combine both customer relationship management (CRM) and financial management functionalities.
The new system is anticipated to allow Hacienda to improve revenue flow through more efficient collection of taxes, help reduce the amount of tax fraud and allow Costa Rican citizens to access their tax records electronically.
"BearingPoint is proud to have been chosen by the nation of Costa Rica to implement a new collection and disbursement solution for the country," said James Horner, senior vice president of BearingPoint's Emerging Markets practice. "This project will improve the financial position and capabilities of the country, while also enabling e-government services such as electronic filing and records access for its citizens."
BearingPoint's Emerging Markets practice is active in approximately 50 nations worldwide, providing management, economic and technology consulting services to developed and developing economies.
