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Costa Rica: Double Tax Treaties

Introduction

Costa Rica has traditionally not been a party to any double taxation treaties. It signed a double tax treaty with Spain in 2004 which came into force in 2010. Costa Rica also signed an exchange of information treaty with the United States with a view to promoting the necessary interchange of tax information and to ensure that the correct level of taxation is levied in both countries as well as to eradicate tax evasion.

In April, 2006, as the country mulled a controversial switch from a territorial tax system to one where it would collect tax on worldwide income, it emerged that the authorities had begun negotiations with several countries to avoid the double taxation of income.

By 2009 Double Taxation Agreements had been signed with Germany and Romania, but these are awaiting ratification. Negotiations are continuing with Israel, South Korea, Switzerland and Canada.

Latest Costa Rica Treaty Updates

Treaty Update: Germany - Costa Rica
16 November, 2016
German's Finance Ministry on October 24 confirmed that the double tax avoidance treaty between Germany and Costa Rica will apply from January 1, 2017.
Treaty Update: Costa Rica - Germany
24 August, 2016
Costa Rica and Germany completed their domestic ratification procedures in respect of a DTA on August 10, 2016, to enable the treaty to become effective from January 1, 2017.
Treaty Update: Mexico - Costa Rica
19 May, 2014
Mexico and Costa Rica signed a DTA On April 12, 2014, Costa Rica's Ministry of Finance has confirmed.
Treaty Update: Guernsey - Costa Rica
10 March, 2014
Guernsey signed a TIEA with Costa Rica on March 5, 2014.
Treaty Update: Costa Rica - Various
27 February, 2014
According to preliminary media reports, Costa Rica completed the ratification of the tax information exchange agreements the territory signed with Denmark, Finland, Greenland, Norway, Iceland, Sweden and the Faroe Islands, publishing a notice in its Official Gazette on January 29, 2014.
Treaty Update: Germany - Costa Rica
19 February, 2014
Germany and Costa Rica signed a double tax agreement on February 13, 2014.
Treaty Update: Guernsey - Costa Rica
17 February, 2014
The Guernsey Government has arranged to sign a tax information exchange agreement with Costa Rica on March 5, 2014, according to information published by Guernsey authorities.
Treaty Update: Costa Rica - Mexico
10 December, 2013
Costa Rica and Mexico concluded a first round of DTA negotiations on December 6, 2013.
Treaty Update: South Africa - Costa Rica
14 October, 2013
On October 8, 2013, a law to ratify the TIEA signed between South Africa and Costa Rica was tabled before South Africa's upper house of parliament, the National Council of Provinces, on October 8, 2013.
Treaty Update: Ecuador - Costa Rica
07 June, 2013
Ecuador and Costa Rica have newly signed a TIEA, Ecuador's Ministry of Foreign Affairs confirmed on June 5, 2013.
Treaty Update: Switzerland - Costa Rica
10 May, 2013
Representatives from Switzerland expressed their desire to rapidly conclude negotiations towards a DTA with Costa Rica, at meetings on May 8, 2013.
Treaty Update: Costa Rica - South Africa
31 October, 2012
According to preliminary media reports, Costa Rica and South Africa signed a TIEA on October 27, 2012.
Treaty Update: Canada - Costa Rica
23 August, 2012
The TIEA signed between Costa Rica and Canada on August 11, 2011, entered into force on August 14, 2012, the Canadian Ministry of Finance confirmed on August 20, 2012.
Treaty Update: Costa Rica - Argentina
22 June, 2012
According to preliminary media reports, the TIEA signed between Argentina and Costa Rica entered into force on June 12, 2012.
Treaty Update: Costa Rica - Various
08 June, 2012
According to preliminary media reports, Costa Rica's TIEAs with Mexico and the Netherlands will enter into force on June 26, 2012, and July 1, 2012, respectively.
Treaty Update: Costa Rica - France
29 August, 2011
According to preliminary media reports, Costa Rica ratified its TIEA with France on August 19.
Treaty Update: Costa Rica - Netherlands
29 August, 2011
According to preliminary media reports, Costa Rica ratified its TIEA with the Netherlands on August 19.
Treaty Update: Costa Rica - Argentina
29 August, 2011
According to preliminary media reports, Costa Rica ratified its TIEA with Argentina on August 19.
Treaty Update: Canada - Costa Rica
15 August, 2011
Canada's Prime Minister announced the signature of a TIEA with Costa Rica on August 11, 2011.
Treaty Update: Costa Rica - Various
07 July, 2011
According to a report from the Costa Rican Ministry of Finance on July 4, 2011, the Costa Rican authorities are currently in negotiations with Aruba, Canada, Colombia, South Korea, India, Indonesia, Italy, Japan, Sint Maarten and South Africa to conclude tax information exchange agreements.
Treaty Update: Australia - Costa Rica
06 July, 2011
The OECD has said that Australia and Costa Rica signed a TIEA on July 1, 2011. The agreement is Costa Rica's 12th TIEA. According to the Costa Rican Finance Ministry, this removes Costa Rica from the OECD's list of those states not co-operating in the exchange of tax information.
Treaty Update: Costa Rica - Faroe Islands
05 July, 2011
An OECD-model TIEA was signed between Costa Rica and the Faroe Islands on June 29, 2011, Norden has confirmed.
Treaty Update: Costa Rica - Greenland
05 July, 2011
An OECD-model TIEA was signed between Costa Rica and Greenland on June 29, 2011, Norden has confirmed.
Treaty Update: Costa Rica - Iceland
05 July, 2011
An OECD-model TIEA was signed between Costa Rica and Iceland on June 29, 2011, Norden has confirmed.
Treaty Update: Costa Rica - Norway
05 July, 2011
An OECD-model TIEA was signed between Costa Rica and Norway on June 29, 2011, Norden has confirmed.
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