TIEA agreement between Costa Rica and Argentina

 Documents

 3 views
of 16
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Description
AGREEMENT BETWEEN THE ARGENTINE REPUBLIC AND THE REPUBLIC OF COSTA RICA FOR THE EXCHANGE OF INFORMATION ON TAX MATTERS. PREAMBLE At present economic transactions have a transnational character that poses new challenges for the implementation of tax systems by the Tax Administrations. International mutual cooperation through the exchange of knowledge and the development of new control techniques in tax matters, as well as the provision of information, constitutes an instrument of vital importanc
Share
Tags
Transcript
    1   1 AGREEMENT BETWEENTHE ARGENTINE REPUBLICAND THE REPUBLIC OF COSTA RICAFOR THE EXCHANGEOF INFORMATION ON TAX MATTERS.PREAMBLE At present economic transactions have a transnational character that poses new challengesfor the implementation of tax systems by the Tax Administrations.International mutual cooperation through the exchange of knowledge and the developmentof new control techniques in tax matters, as well as the provision of information, constitutesan instrument of vital importance for the effective implementation of tax systems.By virtue of the previous paragraph, the Argentine Republic and the Republic of CostaRica, respectively represented by the Federal Administration of Public Revenues and theMinistry of Finance have agreed to conclude this Agreement in order to prevent taxevasion, avoidance, fraud and any other tax offence through the exchange of information.    2   2 ARTICLE 1OBJECT AND SCOPE OF APPLICATION OF THE AGREEMENT1.   OBJECT The Competent Authorities of the Contracting Parties, shall assist each other to facilitatethe exchange of information in all forms, including general information on lines of economic activity, simultaneous tax examinations and tax examinations abroad for assuringthe accurate determination, assessment and collection of taxes covered by this Agreement,in order to prevent and combat tax fraud, evasion and avoidance and any other tax offencewithin their respective jurisdictions and develop improved information sources for taxmatters.   Information shall be exchanged pursuant to the provisions of this Agreement andshall be treated as confidential in the manner provided in subsection 11 of Article 4. Therights and safeguards secured to persons by the laws or administrative practice of therequested Party shall remain applicable. 2.   SCOPE OF APPLICATION The Requested Party is not obligated to provide information which is neither held by itsauthorities nor in the possession or control of persons who are within its territorial jurisdiction. ARTICLE 2TAXES COVERED BY THE AGREEMENT 1.   TAXES COVERED The taxes which are the subject of this Agreement are:a) in the case of the Argentine Republic:    3   3- Income Tax;- Value Added Tax,- Personal Assets Tax;- Tax on Presumptive Minimum Income and- Excise taxes.b)   in the case of the Republic of Costa Rica:- Direct taxes;- Indirect taxes and- Any other tax imposed by the National Government.This Agreement shall not apply to any tax imposed by states, municipalities or any otherpolitical subdivision of a Contracting Party. 2.   IDENTICAL, SIMILAR, SUBSTITUTIVE OR ADDITIONAL TAXES This Agreement shall also apply to any identical taxes imposed after the date of signatureof the Agreement. This Agreement shall also apply to any identical taxes in addition to, orin place of, the existing taxes if the competent Authorities of the Contracting Parties soagree. The Competent Authorities of the Contracting Tax Administrations shall notify eachother, in a timely manner, of any change in their legislation, as well as decisions of administrative and/or judicial courts, which may affect the obligations of the ContractingParties pursuant to this Agreement. ARTICLE 3DEFINITIONS1.   DEFINITIONS For the purposes if this Agreement:    4   4a)   “ Contracting Party ”   or “Contracting Tax Administration” means the FederalAdministration of Public Revenues of the Argentine Republic or the Ministry of Finance of the Republic of Costa Rica, as the context requires;b)   “Costa Rica” means the territory and air space, and the maritime areas, including theseabed and subsoil adjacent to the outer limit of the territorial sea, over which CostaRica exercises or may exercise, in accordance with international law and its domesticlaw, sovereign rights with respect to the natural resources of such areasc)   “ Competent Authority ” means:i.   In the case of the Federal Administration of Public Revenues: the FederalAdministrator of Public Revenues or his authorized representatives. ii.   In the case of Directorate General of Taxation: the Director General of Taxation orhis authorized representatives.   d)   “National” means any citizen and any legal entity or any other collective entity, deriving its status as such from the laws in force in each of the Contracting TaxAdministrations.e)   “Person” means any individual, legal entity, or any other collective entity subject to taxaccording to the laws of each Contracting Party. f)   “Tax” means any tax to which the Agreement applies .   g)   “Information” means any fact or statement, in any form whatever, that may be relevant or material to the administration and enforcement of taxes covered by this Agreement.h)   “Applicant Tax Administration”   or “Applicant Pa rty” means the Contracting Tax Administration or Party applying for or receiving information;
Related Search
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks