The deadline for filing Costa Rica’s  D101 Income Tax Form is Monday, March 17, after authorities extended it from the usual March 15 deadline, which fell on a Saturday this year. 

The form is a mandatory tax declaration document used by individuals, businesses, and legal entities to report income from the previous year and determine their income tax liability.

The Costa Rican  Ministry of Finance requires its submission as part of the Annual Income Tax Return process. 

Residents and non-residents with income sourced from Costa Rica must submit the D101 form. This includes individuals, corporations, and other legal entities. 

The form determines tax liability based on Costa Rica’s progressive income tax rates. 

Eligible deductions may include expenses related to dependents, business operations, and other qualified costs. 

The form must be submitted electronically via the ATV (Administración Tributaria Virtual) platform on the Ministry of Finance website. Any taxes owed must also be paid by the deadline to avoid penalties. 

Failure to file the D101 form or pay taxes on time can result in penalties, interest charges, and potential legal consequences. Tax authorities recommend that individuals, especially foreigners and businesses with multiple income sources, consult a tax professional to ensure compliance with Costa Rica’s complex tax regulations. 

---------------
What have you heard about expats facing challenges when filing the Income Tax form in Costa Rica? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com