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Costa Rica Issues Discussion Draft on Proposed VAT Changes

|Proposed Changes|Costa Rica
Costa Rica

On 11 March 2015, the Costa Rican Ministry of Finance released a public discussion draft of proposed legislation for a new VAT regime. Costa Rica currently has an imperfect VAT system. Proposed changes include:

  • The scope of VAT will be expanded to cover all supplies of goods and services in Costa Rica, with exceptions for education and health services, medicines, exports, certain financial fee…

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