• 11/08/2023

Tax returns 2023: What applies to installments - Who is entitled to the 3% discount

• The deadline for submitting income tax returns for tax year 2022 of legal persons or legal entities of article 45, whose tax year ends on December 31, 2022, is extended until August 31, 2023 at 3:00 p.m. The payment of the tax for the declarations of the first paragraph, with the exception of legal persons and legal entities that have been dissolved or are under liquidation, is made in eight (8) equal monthly installments of which the first two (2) installments are paid by and August 31, 2023 and each of the following until the last business day of the six (6) following months.
• The deadline for submitting income tax returns for the tax year 2022 for the natural persons referred to in article 3 is extended until August 31, 2023 at 3:00 p.m. The payment of the tax for the declarations of the first paragraph is made in eight (8) equal monthly installments of which the two (2) first installments are paid until August 31, 2023 and each of the following until the last working day of the six (6) subsequent months. 
  The payment of the tax, determined by declarations of taxpayers participating in legal entities and legal entities that keep aplographic books, is made in six (6) equal monthly installments, of which the first is paid until the last working day of the month of September 2023 and the each of the following until the last working day of the following five (5) months. When the tax due is paid in one lump sum until July 31, 2023, a discount of three percent (3%) is provided on the total amount of the tax and the debts confirmed thereon. This does not apply to natural persons who have been subject to the alternative income taxation of article 5B.
• The 3% discount still applies to those who make a one-off tax payment by 31 July.
• For businesses that keep simple books, income tax is paid in six monthly installments starting from September.