Costa Rica's Ministry of Finance has reduced the interest rate for late tax payments and refunds of overpayments to 8.53% (down from 9.35%). The rate is based on the average commercial lending rate of Costa Rica's national banks and is effective from 1 July 2022. The change is made via Resolution RES-DGH-026-2022/RES-DGA-187-2022, published in the Official Gazette on 24 June 2022.