New Costa Rican Statutory Filing Requirements Include October 15 Filing Deadline

The Costa Rican Tax Administration recently published significant new statutory filing requirements that apply to certain large taxpayers in the country. These rules, which are effective on their publication date (i.e., on September 19, 2011), require all taxpayers classified as "Greater National Taxpayers" or as "Large Territorial Companies" to file audited financial statements with the Costa Rican tax authorities on an annual basis.