On 16 may 2016, revised legislation to restore Costa Rica's annual registration tax was published in the Official Gazette following approval from the Congressional Committee on Financial Affairs. The registration tax was ruled unconstitutional in January 2015, and legislation to make the necessary revisions to retain the tax was submitted to Congress in December 2015 ({News-2015-12-15/P/2- previous coverage}). As revised, the legislation includes that:
- For companies with gross income exceedi…