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Costa Rica boosted in rankings for tax compliance

Monday, March 26, 2012

Recent reforms to its tax administration have seen Costa Rica leap 18 places in World Bank rankings of the world’s easiest tax compliance regimes.

Costa Rica is now in 156th place on the World Bank's annual report, moving up from 138th.

The report assesses regulations affecting domestic firms in 183 economies, ranking each on the basis of various criteria including ease of starting a business, insolvency resolution, cross-border trade and the ease of paying taxes.

Source: The Costa Rica News