Costa Rica’s Tax Authority establishes new criteria for use of information contained in Transparency and Beneficial Ownership Register

23 January 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation|Costa Rica

Taxpayers and legal entities that meet any of the new criteria defined by the Tax Authority are exposed to tax risks that may lead to scrutiny or inspections by the Tax Authority.

The resolution published by the Costa Rican Tax Authority establishes new criteria for the use of information contained in the Transparency and Beneficial Ownership Register for tax risk management. These new provisions are in force as of 1 January 2023.

Background

According to article 9, subparagraph a) section 2, of the…

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