Costa Rica's Ministry of Finance has published a draft decree for consultation that would amend the Regulation of the Income Tax Law concerning tax residency (domicile) in the country. The amendments are needed in order to clarify and confirm the correct application of the Income Tax Law, as well as the application of income tax treaties to avoid double taxation and avoid double non-taxation. The draft decree would:
- Replace Article 5 of the Regulation to provide that the following are consi…