European Union Puts Costa Rica on Gray List

Contributing sentiments towards policy:

56% : This facilitates double non-taxation of passive income.
51% : The decision was made at the headquarters of the European Union, in Brussels, Belgium.
51% : The European Union noted that Costa Rica exonerates profits obtained abroad by passive investments.
50% : The finance ministers of the European Union update the list of countries considered non-cooperative in tax matters every six months.
45% : It was based on the fact that Costa Rica did not correct weaknesses in the collection of income tax.
36% : In other words, the person doesn't pay tax on it in Costa Rica or the country the income originates from. Being put on this gray list negatively affects the country's reputation.
30% : The European Union has put Costa Rica on a gray list, which carries financial consequences.

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