*A new bill has been presented to Costa Rica’s 57-member unicameral legislature by a legislative committee which seeks to obtain the removal of Costa Rica from the European Union (EU)’s list of non-cooperative jurisdictions for tax purposes. In February Costa Rica was added to the list, which also includes Panama in Central America, for not having fulfilled its “commitment to abolish or amend the harmful aspects of its foreign source income exemption regime.” Presented by the president of the legislative commission, Daniela Rojas, of the opposition Partido Unidad Social Cristiana (PUSC), the bill goes to the plenary for debate and approval ahead of the next EU meeting on the issue, which the local media reports is scheduled for 15 September.
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LatinNews Daily - 8 August 2023
In brief: Bill unveiled to remove Costa Rica from EU grey list
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