Tag: Costa Rica
-
DGT‑R‑001‑2018 in Costa Rica
Resolution DGT-R-001-2018 was issued by the Costa Rican General Directorate of Taxation (Dirección General de Tributación, DGT) on January 11, 2018. It establishes the obligation to file the Country-by-Country Report (CbC Report) for certain multinational groups, in line with OECD BEPS Action 13. Who is subject to this resolution? Applies to multinational enterprise groups with total…
-
Country‑by‑Country Reporting (CbCR) in Costa Rica
Costa Rica adopted the OECD BEPS Action 13 framework in 2017 and issued its formal CbCR rules in 2018, committing to information exchange and multilateral implementation. Legal & Regulatory Framework Legal Basis: Resolution DGT‑R‑001‑2018, gazetted on 2 February 2018 Requires CbCR, Master File, and Local File documentation (Master & Local File under Resolution DGT‑R‑16‑2017) Threshold: global annual…
-
How CbC reporting is presented in Costa Rica
Costa Rica has also implemented the Country-by-Country (CbC) reporting requirements under the Base Erosion and Profit Shifting (BEPS) Action Plan of the Organisation for Economic Co-operation and Development (OECD). The CbC reporting framework aims to increase transparency in international tax matters and prevent multinational corporations from shifting profits to low-tax jurisdictions. In Costa Rica, multinational…
