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Costa Rica: Update on effective date, tax treaty with Mexico

Costa Rica: Update on effective date, tax treaty

Instruments of ratification relating to the income tax treaty between Costa Rica and Mexico have been deposited, and according to a measure (Article 28) of the tax treaty, the treaty provisions will be effective as of the first day of the January following the deposit of the instruments.

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The Costa Rica-Mexico income tax treaty entered into force on 21 April 2019. The treaty defines certain terms and conditions for the country where income is to be taxed.

  • For Costa Rica, the treaty applies to income taxes.
  • For Mexico, the treaty applies for federal income tax. The treaty also addresses the tax treatment of business benefits, dividends, interests, royalties, capital gains, and salaries.


Read a May 2019 report (Spanish and English) [PDF 166 KB] prepared by the KPMG member firm in Costa Rica

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