Costa Rica's Ministry of Finance has published a draft decree for consultation that provides a new list of basic goods subject to the 1% reduced VAT rate under Costa Rica's VAT system. The basic goods listed include:

• Various breads and tortillas;
• Various rice, cereals, flours, and pasta;
• Cow's milk, cheeses, and derivatives;
• Various fresh or frozen meats, including beef, pork, chicken (includ…