Costa Rican Tax Authority publishes Institutional Criterion regarding tax treatment of foreign exchange in financial investment instruments

02 February 2023|Tax Alerts, Legislation & Policy, National/Federal Taxation, Asset Management|Costa Rica

The Costa Rican Tax Authority has issued guidance on the tax treatment of foreign exchange gain or loss in financial investment instruments under the Capital Gains Tax.
This Alert summarizes the key provisions under the Institutional Criterion (guidance) and the scope of its authority.

The Costa Rican Tax Authority issued Institutional Criterion N° DGT-CI-001-2022, regarding the tax treatment of the foreign exchange gain or loss in financial investment instruments under the Capital Gains Tax. The …

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