IRS tax forms

With the deadline for filing tax returns set to expire in 24 hours, following an extension granted by the Treasury Department, accountants and tax professionals are scrambling to get their remaining income tax returns filed on time.

With two weeks to go before the final extended deadline to submit income tax forms - noon on Thursday, August 31 - 5,945,364 of the about 6.5 million taxpayers, or slightly over 9 out of 10 (91.5%) have submitted their declarations so far, the Independent Public Revenue Authority (AADE) says. 

The platform for submitting the 2023 income tax forms has opened, the Independent Authority for Public Revenue (AADE) said on Friday. 

The deadline for filing Greek income (for the 2022 calendar year) is June 30. For those owing tax, the first installment will be due at the end of July 2023 and the last on February 29, 2024 (eight installments). 

Bulgaria's National Revenue Agency (NRA) starts accepting tax returns for 2018 on 10th of January, reports BNT. 

Individuals and companies can submit tax returns electronically and on hard copies at the relevant NRA offices.

NRA reminds taxpayers that if the tax returns are submitted by 31st of January, there will be a discount of 5% on the tax owed.

The online platform for the submission of tax declarations for 2017 incomes could open as late as mid-May, with July 20 as a likely submission deadline.

The American-Hellenic Chamber of Commerce is organizing an expat tax seminar in Greece for Americans living abroad. The free seminar by an expert on expatriate tax issues provides an excellent opportunity for anyone interested in the unique tax filing and bank report obligations of United States citizens working or living abroad. The presentation will be followed by a Q&A session.

As of January 5, Monday, natural persons can submit their tax return forms to Bulgaria's National Revenue Agency, officials have announced.  

The deadline for tax statements and payment is April 30. Declarations can be sent online using an e-signature.

By Prokopis Htazinikolaou

Just 12.5 percent of taxpayers have submitted their income tax declarations to date, with just 40 days remaining to the deadline for the filing of the electronic forms. It appears that most taxpayers have chosen to wait until the final hour on June 30 or may be hoping for an extension.