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Costa Rica Issues Draft Resolution on Tax Reduction Benefits for SMEs

|Approved Changes|Costa Rica
Costa Rica

Costa Rica's Ministry of Finance has published a draft resolution on the tax benefits for SME's introduced by Law No. 9635 of 3 December 2018. The benefits apply for qualifying SMEs whose gross income does not exceed CRC 106 million and includes a tax reduction during the first three years of operations or commercial activities. This includes a 100% reduction in the first year, a 75% reduction…

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