Tax return submssion deadline extended

The National Economy and Finance Ministry announced late on Thursday the extension by one to two weeks of the deadlne for the uploading of tax returns for last year's incomes.

In a statement published some 27 hours before the expiry of the original deadline at midnight of July 26 to 27, the ministry said that the new deadline for the submission by individual taxpayers of tax declarations is Friday August 2 at midnight. The same date is also the new deadline for the payment of the first monthly tranche for any tax due, as opposed to the original deadline of July 31.

As for corporations, the deadline for the uploading of their tax returns is now the following Friday, August 9, partly answering the demand of the market for some leeway given the delays to the submission of tax data by various entities in the broader public sector that have put the whole process behind.