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Costa Rica Increases Interest Rate for Late Tax Payments and Overpayment Refunds

|Approved Changes|Costa Rica
Costa Rica

Costa Rica's Ministry of Finance has increased the interest rate for late advance tax payments and refunds of overpayments from 11.73% to 12.8%. The rate is based on the average commercial lending rate of Costa Rica's national banks and is effective from 1 October 2017.

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