Costa Rica's Legislative Assembly has reportedly approved Bill No. 19.818 in its first reading on 9 January 2017 and will make a final vote after a constitutional review. The legislation revises the rules for the country's annual registration tax on companies, which were found unconstitutional in January 2015 ({News-2015-02-04/A/4- previous coverage}). As revised, the registration tax would be levied as follows: For companies, including branches of foreign companies, that are registered in the register of legal entities but are neither declarants nor taxpayers, the registration tax is equal to 15% of the monthly base salary; For companies with declared gross...