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Costa Rica | The Executive Branch files comprehensive tax reform bills

On 18 May 2023, the Costa Rican Executive Branch filed several bills that seek to reform the current tax system. The bills include approving a new Income Tax Law, eliminating specific Value Added Tax (VAT) exemptions and granting greater control and inspection powers to the Tax Authority.

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For additional information please contact:

Rafael Sayagués

rafael.sayagues@cr.ey.com

Juan Carlos Chavarría

juan-carlos.chavarría@cr.ey.com

Antonio Ruiz

antonio.ruiz@cr.ey.com

Guillermo Leandro

guillermo.leandro@cr.ey.com

Randall Oquendo

randall.oquendo@cr.ey.com

Paola Castro

paola.castro@cr.ey.com

Daniel Quesada

daniel.quesada@cr.ey.com