VAT News

Costa Rica-Introduction of VAT

The government of Costa Rica has confirmed that the existing sales tax system will be replaced by a VAT system, with effect from 1 July 2019. The tax will apply to the majority of goods and services.

The standard rate of VAT will be 13% whilst reduced rates of 4%, 2%, and 1% will also apply to certain supplies.

Related articles

Italian Government are Preparing for a No-Deal Brexit

Italian authorities have announced their plans ahead of the UK's possible no-deal Brexit departure.

Read more
Introduction of a U.S Consumption Tax Would Raise $3 Trillion

U.S. Consumption Tax of 5% could raise $3 trillion by 2028 says Congressional Budget Office.

Read more
EU Exit - Update from HMRC

HMRC outline important changes to customs procedures and VAT for UK-EU trade that will occur if the UK leaves the EU without a deal.

Read more