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Deadline for Costa Rica to Join CAFTA-DR Extended

Client Alert | 1 min read | 11.04.08

Tolling Period on Recovery of Textile/Apparel Import Duties from CAFTA Countries Expected to Begin on January 1, 2009

On August 2, 2005 the United States-Dominican Republic-Central America Free Trade Agreement (CAFTA) was signed into law in the United States. CAFTA is a regional free trade agreement (FTA) among seven signatories (Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua and the United States).

For importers/exporters of apparel and textile articles, CAFTA provides an opportunity to enjoy not only preferential access to markets prospectively, but also retroactive duty refunds for qualifying merchandise. Specifically, CAFTA provides for reciprocal duty free access for textile and apparel goods, retroactive to January 1, 2004. To qualify, products must meet the CAFTA's rule of origin and refunds must be requested, processed and compliant with Customs and Border Protection (CBP) regulations.

Requests for retroactive refunds are due 90 days after the last country enters into the agreement. The agreement has been entered into force by all signatory countries, except Costa Rica. Costa Rica approved CAFTA by national referendum in October 2007, but must still implement legislation required to carry out its obligations under the agreement. While progress has been made, the Costa Rican government needs additional time to adopt necessary implementing legislation before CAFTA can enter into force for Costa Rica.

Under CAFTA, Costa Rica was required to implement these laws by March 2008, however, the six current CAFTA countries have agreed to extend the deadline for Costa Rica's entering the agreement until January 1, 2009. Based on this extension, it is expected that the deadline for filing refund claims for originating textile and apparel imports will be April 1, 2009.

Please contact a member of the Crowell and Moring duty recovery team for assistance in quantifying and processing refunds.

Insights

Client Alert | 3 min read | 09.15.25

Senate Finance Committee Looking to Take White River to the Train Station, Confirms DOJ Investigation into Tribal Tax Credits

On August 19, 2025, the U.S. Senate Committee on Finance (“Senate Finance Committee”) sent Paul Atkins, Chairman, U.S. Securities and Exchange Commission (“SEC”) a letter calling on the SEC to investigate White River Energy Corp (“White River”). In the letter, the Senate Finance Committee confirmed a criminal investigation into White River related to the sale of so-called “tribal tax credits” that according to both Congress and the IRS, do not exist. The letter further states that White River allegedly earned millions of dollars selling these credits and has not been forthcoming with investors regarding the existence of the criminal investigation. According to the Senate Finance Committee, White River has failed to file financial disclosure documents with the SEC since March 15, 2024, missing six consecutive reporting periods. The letter instructs White River to disclose the existence of the DOJ criminal tax investigation, and calls on the SEC to take action if White River fails to do so....