The foreign ministers of Costa Rica, Enrique Castillo, and Ecuador, Ricardo Patiño, met in San Jose to sign a bilateral agreement for the exchange of tax information and review bilateral relations.

The Costa Rican Foreign Ministry said in a statement that the agreement “is intended to exchange information between the two countries for the administration and enforcement of the domestic laws concerning taxes covered… ”

“This is information is for the determination, assessment and collection of taxes, the recovery and enforcement of tax claims, or the investigation or prosecution of tax matters,” said the bulletin.

According to the Costa Rica government, with this instrument the country continues to meet international standards and improving the capacity of its tax administration.

The foreign ministers also discussed issues on the bilateral agenda as underwriting, in a memorandum of understanding that establishes the basis for marine scientific research.

Patiño made a visit to Costa Rica before traveling to Guatemala to participate in the General Assembly of the Organization of American States (OAS).

The Costa Rica News (TCRN)
San Jose Costa Rica