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Costa Rica Did Not Repeal Sales Tax Exemptions In New VAT Law: AG

by Mike Godfrey, Tax-News.com, Washington

25 July 2019


Costa Rica's Attorney General has released an opinion confirming that legislation providing for exemptions under the sales tax regime, which was replaced with VAT from July 1, 2019, remain in force and valid under the VAT regime.

The AG has recommended that the legislative assembly pass provisions specifically to repeal the exemptions.

The opinion was requested following inquiries from taxpayers as to whether exemptions under the sales tax were still valid, despite the Government's policy intent to replace the regime wholesale with VAT with the enactment of the new VAT law.

Legal Opinion No. C-185-2019 was released in Spanish on July 5, 2019.

TAGS: tax | value added tax (VAT) | sales tax | law | legislation | Costa Rica

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