Sweden signs TIEA with Costa Rica

Sweden’s government has signed an agreement to exchange tax information with Costa Rica.

The agreement means that Swedish tax authorities have the ability to request information from Costa Rica that may be linked to ongoing tax investigations in Sweden.

The deal is the result of a project driven by the Nordic Council of Ministers. It aims to develop tax information and exchange agreements with jurisdictions that have made committments to the OECD for increased transparency and exchange of such information.

For the new agreement to become applicable in Sweden it needs the approval of the country’s parliament.

 

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