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The deadline for inactive companies was March 15. The date has been moved to an undetermined future time. Tax returns will be due two and a half months after officials in La Dirección General de Tributación (the tax department known as the DGT) finally decide what they are going to do.
Expats are at their wits end. So are Ticos regarding all the indecisiveness. In six months the rules of the game have changed three times. At first, the form to file was the D-135. At the beginning of November that changed to the D-101, the same form active companies use. The understanding now is the new form they are working on will be named the D-101 Simplificado (that means simplified in English).
Really! Simple! None of all the news pertaining to the new tax regulations is straightforward. It’s all a bunch of gobbledygook. What is really going on? [Continue reading]