Costa Rica publishes interest rate for late tax payments and refunds of overpayments
December 29, 2020
On 18 December 2020, Costa Rica’s Ministry of Finance has published the Resolution DGH-054-2020 and DGA-542-2020 providing reduced the interest rate for late tax payments and refunds of overpayments to 10.31% (from 10.54%). The rate is based on the average commercial lending rate of Costa Rica’s national banks and is effective from 1 January 2021.
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