Costa Rica's Ministry of Finance has published a draft decree for consultation that provides a new list of basic goods subject to the 1% reduced VAT rate under Costa Rica's VAT system. The basic goods listed include:
- Various breads and tortillas;
- Various rice, cereals, flours, and pasta;
- Cow's milk, cheeses, and derivatives;
- Various fresh or frozen meats, including beef, pork, chicken (including eggs), sausages, and fish;
- Cooking oils, margarine, and other fats;
- Various fresh, chilled, or f…