Costa Rica Draft CbC Reporting Requirements

Costa Rica's Directorate General of Taxation has published a draft resolution for the implementation of Country-by-Country (CbC) reporting requirements in line with the BEPS Action 13 guidelines. Key points include:

• The CbC reporting requirements will apply for MNE groups meeting the standard EUR 750 million consolidated group revenue threshold;
• The reporting requirement applies for ultimate parent entities and designated surrogate parent entities resident in Costa Rica;
• The CbC report must …