On 30 January 2023, resolution N° RES-DGH-005-2023 was published in the Official Gazette. The resolution issued by the General Directorate of Treasury establishes the procedure to be followed through the Exonet system for requesting and processing tax exemptions as well as other related procedures before the General Directorate of Treasury and its departments.
Among others, the Resolution regulates the following key aspects:
Dispositions regarding the submission and requirements of the request for tax incentives in the Exonet system
The possibility of carrying out the tax exemption request procedure in documentary form or by alternative digital means, when due to force majeure, fortuitous cause or any other reason, the performance of the Exonet system is affected
Dispositions regarding tax exemptions that require technical recommendation
General aspects and validity of generic authorizations
General aspects and validity of specific authorizations
Application of the tax benefit for local purchases
Provisions on the use and destination of exempt assets
The published Resolution repeals resolutions N° RES-DGH-038-2019 and N° RES-DGH-044-2020.
For additional information with respect to this Alert, please contact the following:
Ernst & Young, S.A., San José, Costa Rica
Ernst & Young LLP (United States), Latin American Business Center, New York
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific