Costa Rica | Inactive entities must file a Simplified Income Tax Return starting on 1 January 2022

Local contact

EY Global

22 Dec 2021
Subject Tax Alert
Categories Corporate Tax
Jurisdictions Costa Rica

Inactive entities must have the accounting and legal documentation to correctly complete the new Form D-101, Simplified Income Tax Return.

On 20 December 2021, Costa Rica’s Tax Authority announced that inactive entities registered in the Tax Registry as a “constituted legal entity” (i.e., those with no economic activity) must file new Form D-101, Simplified Income Tax Return, starting on 1 January 2022.

Inactive entities must file Form D-101 for tax years 2020 and 2021 no later than 15 February 2022. To file Form D-101, entities must have updated the information regarding the domicile for tax purposes and the information regarding the legal representative in the Tax Authority’s virtual platform (ATV).

For additional information with respect to this Alert, please contact the following:

Ernst & Young, S.A., San José, Costa Rica
  • Rafael Sayagués
  • Randall Oquendo
  • Daniel Quesada
Ernst & Young LLP (United States), Latin American Business Center, New York
  • Ana Mingramm
  • Lucas Moreno
  • Enrique Perez Grovas
  • Pablo Wejcman
Ernst & Young Abogados, Latin America Business Center, Madrid
  • Jaime Vargas
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
  • Lourdes Libreros
Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific
  • Raul Moreno
  • Luis Coronado

For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert.