Costa Rica and Germany have exchanged documents showing that each country has ratified an agreement to avoid double imposition of income tax.
This is the last step in the diplomatic process.
Double taxes results when one country does not recognize the money paid to a second country. Devising such an agreement is not controversial, but it can be a lengthy process. The two countries agreed initially Feb. 13, 2014. Legislative approval was required.
The agreement will go into effect Jan. 1 along with provisions that allow each country to have tax information on individuals.