Transfer Pricing in Costa Rica, regulations and formal obligations required by the General Directorate of Taxation (DGT)
Since September 13, 2013, Costa Rican taxpayers are obliged to declare and value their operations with both domestic and foreign related parties and those classified as large taxpayers or large territorial companies, or that are persons or entities under the free zone regime, through the Informative Declaration of transfer pricing, as established by Decree No. 37898-H , published by the General Directorate of Taxation (DGT). The transfer pricing rules are supplemented by the DGT-R-44-2016, amending Article 4 of this regulation by the DGT-R-28-2017.
In May 2018, Resolution DGT-R-25-2018 came into force, which regulates the implementation of the BEPS and the OECD. In 2019 Resolution DGT-R-49-2019 (repealing Resolution DGT-R-16-2017) establishes the documentation of Transfer Pricing Studies.