Dues without a tax return

Tax authorities will be able to issue income tax assessments that will be determined based on the data available to the tax authority even one day after the deadline for submitting tax returns.

A provision added to the Income Tax Code stipulates that if a taxpayer does not submit their tax return on time, the tax due may be determined by issuing an act of estimated tax assessment based on any data available to the tax administration - i.e. data that mainly concern the taxpayer's living standard, the exercise of their professional or business activity, or similar business or professional activities. If, after the issuance of this act, the taxpayer submits a tax return, this act ceases to be valid automatically.

Therefore, taxpayers who "forget" to submit their tax return by the July 15 deadline risk an estimated tax assessment, which is canceled immediately upon...