Centre for Tax Policy and Administration

Costa Rica becomes first Central American country to sign international tax agreement


01/03/2012 – Costa Rica has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed jointly by the Council of Europe and the OECD that was opened for signature to all countries in June 2011. Costa Rica is the first Central American country to sign the Convention.

Costa Rica’s Vice Minister of Finance, Rowland Espinosa, signed the Convention in Brasilia while participating in the meeting of the Peer Review Group of the Global Forum on Transparency and Exchange of Information for Tax Purposes.  "Costa Rica's signing of the Convention demonstrates our firm commitment to tax transparency and the international standards for exchange of information. Costa Rica still has important work to do to implement the standards, and we view today's signing as an important step towards this goal", said Vice Minister Espinosa.

The Convention on Mutual Administrative Assistance in Tax Matters provides governments with a valuable tool for strengthening international tax co-operation in the fight against offshore tax evasion and avoidance. It provides a multilateral basis for a wide variety of administrative assistance, including information exchange on request, automatic exchange of information, simultaneous tax examinations and assistance in tax collection.

Signatories to the Convention are so far:  Argentina, Australia, Belgium, Brazil, Canada, Costa Rica, Denmark, Finland, France, Georgia, Germany, Greece, Iceland, India, Indonesia, Ireland, Italy, Japan, Korea, Mexico, Moldova, Netherlands, Norway, Poland, Portugal, the Russian Federation, Slovenia, South Africa, Spain, Sweden, Turkey, Ukraine, the United Kingdom and the United States.

>> For more information, journalists should contact Pascal Saint-Amans, Director of the OECD’s Centre for Tax Policy and Administration (CTPA) on + 33 6 26 30 49 23 or Grace Perez-Navarro, Deputy Director of the CTPA on +33 1 45 24 18 80.
>> Further information about the Convention on Mutual Administrative Assistance in Tax Matters is available at