VATupdate

Share this post on

Costa Rica Approves Lower VAT for Reef-Safe Sunscreen

  • Costa Rica has approved a reduced VAT rate for reef-safe sunscreen
  • The move is aimed at promoting the use of environmentally friendly sunscreen products
  • The reduced VAT rate will make reef-safe sunscreen more affordable for consumers
  • Costa Rica is taking steps to protect its marine ecosystems from harmful chemicals in traditional sunscreen products

Source: research.ibfd.org

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.

Sponsors:

VAT news

Advertisements:

  • VAT news