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February 8, 2022
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The new Simplified Trust Regime attracts few taxpayers

The new Simplified Trust Regime attracts few taxpayers

1.8 million, more than half of the total taxpayers registered in the RIF, migrated to the Business and Professional Activity Regime because they did not meet the requirements of the SAT trust regime. More than 1.1 million, representing 34.9%, submitted their notice to remain in the RIF.

The trust regime is the new version of the Tax Incorporation Regime, known as RIF, which had its last day of validity for tax purposes on December 31.

January 31 was the deadline for taxpayers registered in the RIF to submit their Notice of Update of Economic Activities through the SAT site, to stay in this regime or move to the Resico.

Those who chose to remain in the RIF can continue in it until the end of their acquired rights, that is, after the tenth year of paying taxes in this regime, or they can change to the trust regime as soon as they wish, “at any time of the year”, through the SAT page or the official Resico minisite, the tax authority specified in a press release.

In the last hours of Monday, January 31, users reported failures on the page to present the Notice of Update of Economic Activities, when trying to do the process, the site threw errors due to saturation, Expansión found.



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