Costa Rica Basic consumption goods are VAT exempt until July 2020, after which a reduced rate of 1% will apply for 2 years 07 May 2020184 views1 min read Source IBFD IBFD June 12, 2020 Coronavirus Costa Rica to Provide VAT Exemption for SMEs on Water, Electricity, and Rent VAT and excise tax payments, relief guidance (COVID-19)