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The right to a 3% discount remains until the end of August in the case of a one-off payment of income tax

The right to a 3% discount in the case of a one-off payment of income tax remains until the end of August, after the deadline for submitting tax returns has been extended until August 30.

This provides for an amendment of the Ministry of Finance submitted to the Parliament, according to which:

Article 1

Extension of the deadline for submission of declarations and payment arrangements for the Income Tax of Natural and Legal Persons/Legal Entities for Tax Year 2021 – Amendment of par. 77, 78 and 79 of article 72 of Law 4172/2013.

1. In par. 77 of article 72 of Law 4172/2013 (N 167), paragraphs two and three are added as follows:

“The income tax returns for tax year 2021 of the legal persons or legal entities referred to in Article 45, whose tax year ends on December 31, 2021, shall be submitted on time by August 30, 2022. The payment of the tax for the declarations of the previous paragraph shall be made in 8 equal monthly installments of which the first two installments are paid by the last working day of the month of August 2022 and each of the following ones by the last working day of the following 6 months”.

2. In paragraph 78 of article 72 of Law 4172/2013, a) the first paragraph is replaced by two new paragraphs, b) a fourth paragraph is added and paragraph 78 is formulated as follows:

“78. Personal income tax returns for tax year 2021 are submitted on time until August 30, 2022. The tax payment for the returns of the first paragraph is made in 8 equal monthly installments, of which the first two installments are paid by August 31 2022 and each of the following until the last working day of the following 6 months.The payment of the tax, determined by declarations of taxpayers participating in legal persons and legal entities that keep haplographic books, is made in 6 equal monthly installments, of which the the first is paid until the last working day of the month of September 2022 and each of the following ones until the last working day of the 5 following months. The above does not apply to natural persons who have been subject to the alternative income taxation of article 5B”.

3. Paragraph 79 of Article 72 of Law 4172/2013 is amended with regard to the final date of tax payment and paragraph 79 is formulated as follows: “79. When the tax due, based on the timely declaration of personal income tax of persons in the tax year 2021, for which the possibility of payment in installments is provided, paid in one lump sum, until 31/8/2022, a 3% discount is provided on the total amount of the Tax and other debts agreed with it”.

It is noted that the amendment also stipulates that the amount of the refund of the Diesel oil tax to farmers will be non-seizure and will not be set off against confirmed debts.

Source: Capital

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