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Costa Rica to Implement Shareholder Registry

|Proposed Changes|Costa Rica
Costa Rica

On 19 January 2015, the Costa Rican Ministry of Finance published a draft executive decree for the creation of a shareholder's registry. The registry is meant to improve tax collection, including taxes that arise as the result of indirect transfers.

All companies registered in Costa Rica would be obligated to submit information on their shareholders, including name, personal or corporate ID, n…

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