The Tax Inspectorate allowed foreign companies to submit a tax calculation later when paying income

Until the 28th, it will be possible to submit a tax calculation and this will not be considered a violation. The Tax Inspectorate provided an opportunity for companies that paid income in foreign currency to file a tax settlement after the 25th, but before the 28th.

Previously, such a calculation had to be submitted no later than the 25th and income tax had to be paid no later than the 28th. The amount of tax was determined at the exchange rate of the Central Bank on the date of payment – the 28th.

Since the currency exchange rate for the 28th is unknown to the tax agent on the 25th, the final amount of tax cannot be determined. Therefore, they were allowed to file a tax calculation later and this will not be considered a violation.