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WOCCU Takes Pre-emptive Stance Against CU Tax Threats in Costa Rica

SAN JOSE, Costa Rica -- United States credit unions aren't the only financial cooperatives under banker attack. World Council of Credit Union officials and volunteers have been hard at work in Costa Rica, mounting an international lobby effort to fight tax threats facing the Central American country's not-for-profit financial cooperatives.

By Heather Anderson | Updated on April 29, 2008

SAN JOSE, Costa Rica — United States credit unions aren’t the only financial cooperatives under banker attack. World Council of Credit Union officials and volunteers have been hard at work in Costa Rica, mounting an international lobby effort to fight tax threats facing the Central American country’s not-for-profit financial cooperatives.

Officials from WOCCU and the Alabama Credit Union League met with Costa Rican President Oscar Arias S??nchez last week at the request of the Federaci??n de Cooperativas de Ahorro y Cr?(C)dito de Costa Rica R.L. For now, at least, S??nchez and other legislators expressed credit union support.

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