- Law N°10.491 allows for the substitution of business closure sanctions with the payment of a fine and payment installment in the Value Added Tax (IVA)
- Conditions to request this substitution include having a firm closure procedure, a notification of the start of the sanctioning process, or being notified by March 30, 2022
- Interested parties must be up to date with their obligations and declarations to opt for this possibility
- Requests can be submitted through the TRAVI platform or in writing at the tax administration by October 19, 2024
- Debtors in the IVA can apply for a payment installment if they include only periods before March 2022 and have filed their declarations before April 16 of the same year
- Additional debts must be paid separately and debtors must be current with their declarations
- Requests for payment installment can be made through the TRAVI platform or in writing at the tax administration by November 19, 2024.
Source: hacienda.go.cr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
