Emerging Markets Rates and Currencies Handbook

Tax Summary – Costa Rica Costa Rica can be carried forward • FX translation does not account as interest Deductibility of FX losses • Generally deductible • N/A Other Taxes/Duties • Stamp tax 0.5% • 15% capital gains tax unless the gain derives from (i) from goods or rights subject to the economic activity of the taxpayer or (ii) from a habitual activity. In such cases, the income is treated as ordinary and therefore, subject to income tax rate of 30% . Note: Citigroup Inc. and any of its affiliates do not provide accounting, tax, or legal advice. Please seek advice from a relevant licensed advisor. Source: Relevant legislation, publicly available sources Country Tax Deductibility and Considerations Derivatives Equities Local Borrowing Bank Loans Offshore Inter-Co Debt Offshore