The proposed measure consists of exonerating 100% of the interest on arrears and up to 80% of the penalty to taxpayers who pay in the first month after the Law is published in the official newspaper La Gaceta.

See "A Fiscal Short Break for Costa Rica"

There will also be a 70% reduction in the payment of the penalty if the debts are paid in the second month and 60% if during the third month.

In this regard, the Finance Minister, Rocío Aguilar, said to Crhoy.com that "... There is going to be a greater interest from companies. The incentive is to be right with the taxes and avoid paying fines and interest."

"... Companies and people who are in arrears or who maintain debts or disputes with the Treasury, the Imas, the Ifam and the Inder, will be the beneficiaries of an eventual tax amnesty within the tax reform proposed by the Government. Debts corresponding to tax obligations accrued before October 1, 2017 may participate in this amnesty."

Source: Crhoy.com

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