Costa Rica-U.S. TIEA Is In Force, But U.S. Holds Up 936 Loans Pending Clarification of Costa Rica Constitutional Provision Prohibiting Assistance

The Costa Rica-United States Tax Information Exchange Agreement has now entered into force with the ratification by the Costa Rican legislature of the agreement on July 31.  The development is significant because Costa Rica is the first Central American Government to sign a TIEA.