The payment of income tax to natural and legal persons in 8 monthly installments and ENFIA in 6 monthly installments provide for the provision of the bill of the Ministry of Finance submitted…….. yesterday in Parliament and concerns the corporate governance of public limited companies and the capital market. The tax deduction is also provided 2% for one-time payment of personal income tax within the deadline for payment of the first installment (until 31 July).
In particular, according to the provision of the bill:
– The personal income tax that will result from the liquidation of this year's tax returns can be paid to 8 equal monthly installments instead 3 two-month installments that were valid until last year. The first installment is paid until 31 July and the last to 26 February 2021. The payment of the tax determined by declarations of taxpayers who participate in legal entities and legal entities that keep haplographic books is done in 6 equal monthly installments, of which the first is paid on the last working day of the month of September 2020 and each from the next to the last working day of the next five months. When the tax due on the due date is paid in a lump sum within the first installment period, a deduction is provided on the total amount of tax and other debts due to it 2%.
– The income tax of legal entities and legal entities for the income of the tax year 2019, with the exception of legal entities and legal entities that have been dissolved or have been liquidated., paid on 8 equal monthly installments instead of 6 doses, of which the first to the last working day of the following month from the deadline for submission of the declaration, and the remaining seven until the last working day of the next seven months. Especially for income tax returns of legal entities and legal entities, whose submission deadline has been extended to July 29 2020, the first installment is paid by the last business day of the month of July 2020 and each from the next to the last working day of the next seven months.
– The ENFIA, especially for the year 2020, if the tax determination act is issued within September 2020, paid on 6 monthly installments. The first dose up to and including 30 September 2020 and the last until 26 February 2021.
Read in detail the Draft Law and the Explanatory Memorandum:
Draft Law of the Ministry of Finance
Explanatory Memorandum of the General Accounting Office of the State