Chile’s tax Administration (SII) confirmed that Costa Rica is not considered a preferential tax regime under the Income Tax Law.
Chile’s tax authority (SII) issued Letter Ruling No. 1007 on 22 May 2025 regarding when Costa Rica ceased to be considered as having a preferential tax regime.
The Ruling affirms that until 31 December 2024, a territory or jurisdiction was classified as having a preferential tax regime if it met at least two of the six conditions outlined in Article 41-H of the Income Tax Law.
However, since Costa Rica became an OECD member on 25 May 2021, Article 41 H’s provisions did not apply to it from 31 December 2024.
Moreover, under the updated Article 41-H, which entered into force on 1 January 2025, Costa Rica remains excluded from preferential tax regime status.
Earlier, Chile’s tax authority published an updated list of territories and jurisdictions with preferential tax regimes in the Official Gazette on 24 October 2024.
