December 22, 2021 Inactive entities in Costa Rica must file a Simplified Income Tax Return starting on January 1, 2022 Inactive entities must have the accounting and legal documentation to correctly complete the new Form D-101, Simplified Income Tax Return. On December 20, 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 January 1, 2022. Inactive entities must file Form D-101 for tax years 2020 and 2021 no later than February 15, 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). ———————————————
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