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Costa Rican Withholding Tax on Credit and Debit Card Payments Delayed

|Approved Changes|Costa Rica
Costa Rica

Resolution DGT-R-036-2014, published On 25 August 2014, introduced the requirement that financial entities processing  credit or debit card payments must withhold 2% of the amounts paid, credited or made available to beneficiaries in any other form.

The 2% withholding was set to apply from 1 October 2014, but has been delayed to 1 November 2014.

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