Costa Rica has issued Executive Decree No. 44739-H to regulate electronic receipts for tax purposes. Published on 8 November 2024, the decree introduces significant changes to definitions, exceptions, and handling processes for electronic receipts.

Timeline

Implementation will begin once the Tax Administration issues updated technical guidelines.

Impact

The Ministry of Finance has introduced new definitions and receipt types, including:

• Electronic purchase invoice: Applies to transactions with non-domestic suppliers or individuals not registered as taxpayers.
• Electronic payment receipt: Supports documentation of partial payments for goods or services sold on credit.Additionally, entities authorized to receive deductible donations are exempt from issuing electronic checks but must issue certificates for donations.

This decree signals Costa Rica's effort to strengthen its electronic tax system. Businesses operating in Costa Rica must ensure compliance to avoid disruptions.