21 October 2019 Costa Rica's tax authorities publish list of non-cooperative jurisdictions for which certain deductions may be limited Taxpayers that carry out operations and transactions in those jurisdictions must record them appropriately to determine the deductibility of related expenses. Costa Rica's tax authorities published in the Official Gazette on September 25, 2019, the list of non-cooperative jurisdictions with respect to the provisions of Section 9.k of the Income Tax Law. According to Section 9.k, expenses related to operations, transactions or entities domiciled in those jurisdictions are not deductible, unless the taxpayer can prove to the tax authorities that the transaction or operation from which the expense originated was effectively carried out.
Document ID: 2019-1863 | |||||||||||||||||||||||||
