Costa Rica Draft Decree on Goods Subject to 1% Reduced VAT Rate
Costa Rica's Ministry of Finance has published a draft executive decree that provides the list of goods that will subject to the 1% reduced VAT rate under Costa Rica's new VAT system, which will be implemented from 1 July 2019. This list includes several different types of goods grouped under various categories, including
- Breads and tortillas;
- Rice, cereals, flours, and pasta;
- Cow's milk, ic…