The rate of interest on tax underpayments and on customs liabilities will be 12.20%, effective 1 April 2020.
The same rate of interest applies for payments made after the due date for a taxable event, for the incorrect collection of customs duties, and for interest imposed with regard to customs-related penalties.
Read a March 2020 report (Spanish and English) [PDF 134 KB] prepared by the KPMG member firm in Costa Rica
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