The announcement of the Ministry of Finance in detail
After consultation with the Administration of AADE regarding the course of submission of income tax returns, the Ministry of National Economy and Finance announces the following:
Since the start of the submission process on April 25, 2024 up to now, 6,068,600 individual returns have been submitted. Accordingly, from May 1, when the process of submitting the declarations of legal entities began, up to now 252,542 tax declarations have been submitted.
This number of declarations corresponds to 93.3% of all tax declarations of natural persons and 81.8% of all tax declarations of legal entities.
Taking into account, on the one hand, the fact that the vast majority of declarations have already been submitted, but also that, on the other hand, some technical problems have occurred in the last days in the declaration submission system due to the mass submission of declarations by accounting applications, the transfer of deadline for submitting income tax returns as follows:
• August 2 for the declarations of natural persons,
• August 9 for the declarations of legal entities. The deadline shift is relatively longer for the additional reason that the submission rate is not as high as in physicals.
Accordingly, the deadline for payment of the first installment of the tax is postponed to 2/8 for natural persons and to 9/8 for legal persons. However, the possibility of a one-time tax payment with a 3% discount for natural persons remains until July 31.
Based on the rate of submission of returns to date, the additional time given is sufficient in order to seamlessly submit both the remaining returns and fulfill the remaining tax obligations.
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