On 8 July 2019, Costa Rica's President Carlos Alvarado Quesada signed Law No. 9706, which provides a three-month moratorium on sanctions imposed in relation to the country's new VAT system.
Law No. 9706 establishes that the Tax Administration may not initiate any administrative procedure to impose sanctions, interest, fines, or other punitive provision in relation to VAT in the months of July, August, and September 2019. The Law also establishes that the Tax Administration may not initiate…