Decreto establece reglamentación referente a Disposiciones sobre Precios de Transferencia en Costa Rica

Tax Insights ()

Costa Rica published on September 13, 2013, Decree No. 37898-H establishing specific rules on Transfer Pricing, aiming to regulate that transactions with related parties are carried out on an arm's length basis and in accordance with its economic reality. The Decree provides a wider scope to regulation 20-03 of the General Tax Directorate, denominated “Fiscal Treatment of Transfer Pricing”, according to the “Normal Market Value.