On 5 February 2016, Resolution Nº DGT-R-01-2016 was published in Costa Rica's Official Gazette. The resolution sets out the audit targets for 2016, which include taxpayers that:
- Have a ratio of net taxable income to gross income that is lower than the industry average;
- Declare nil taxable income or loss for the year;
- Have a ratio of output VAT to input VAT that is lower than the industry average;
- Declare 10% or more of their total income as exempt; or
- Made asset acquisitions during the audit…