The Costa Rica – Iceland TIEA, 2011 (Law No 9196) was published in the Official Gazette (Gaceta Digital de la Imprenta Nacional) No. 20 of Costa Rica on 29 January 2014. This completes the ratification process on the side of Costa Rica.
Australian Government restates commitment to lower taxes
Hungary and Jersey sign a TIEA
Related Posts
Iceland approves industrial policy to boost growth, competitiveness through 2035
The Government of Iceland has approved a new industrial policy that sets out a long-term vision for economic growth, productivity, and competitiveness to 2035. The policy is intended to support sustainable economic development and create a more
Read MoreCosta Rica: Tax authority issues new guidelines on international financial reporting standards
Costa Rica's General Directorate of Taxation (DGT) published Resolution MH-DGT-RES-0015-2026 of 8 April 2026 in the Official Gazette on 29 April 2026, establishing updated interpretive criteria for applying International Financial Reporting
Read MoreIceland cuts fuel VAT to 11% for summer period
Iceland's parliament has approved emergency legislation to slash the VAT rate on fuel from 24% to 11% for four months, offering relief to motorists during the summer travel season. The Law Amending the Value Added Tax Act and the Competition Act
Read MoreIceland: Government approves temporary reduced VAT on fuel
Iceland’s government has approved a package of emergency economic measures to curb inflation and mitigate the impact of soaring oil prices triggered by the conflict in the Persian Gulf region. The temporary interventions, set to run from 1 May
Read MoreCosta Rica grants deadline extension, transitional measures for monthly reporting of non–e-invoiced transactions
Costa Rica has gazetted Resolution No. MH-DGT-RES-0010-2026 on 20 March 2026, which modifies the previous Resolution No. MH-DGT-RES-0055-2025 regarding the use of Form 270. This form is used for the "Monthly Summary Information Return of Clients,
Read MoreIceland: Court of Appeals rule taxpayers must prove arm’s length pricing in related-party deals
The Icelandic Court of Appeals (Landsréttur) upheld the ruling of the District Court of Reykjavík in Iceland’s first transfer pricing case (No. 213/2025) on 19 February 2026. The court confirmed that taxpayers must prove that related-party
Read More