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, number of shares, share acquisition date and percentage holdings. Companies would also be required to update the information whenever there is a change in ownership. The proposed registry follows a proposal for a shareholder informative return requirement in February...