The Finance Minister regulation of 16 March 2023 on the extension of certain corporate income tax compliance deadlines (“Regulation”) was published on 21 March 2023 to enter into force on 22 March 2023.

The Regulation extends until 30 June 2023 the time for persons liable to corporate income tax to:

  1. file their statement of income (loss) for the tax year ended between 1 December 2022 (inclusive) and 28 February 2023 (inclusive);
  2. pay the tax due as reported in that statement, or the difference between the tax due on the income so reported and the total amount of advance payments due on a year-to-date basis.

The following deadlines were also extended until 30 June 2023:

  1. for persons liable to flat-rate corporate income tax (ryczałt od dochodów spółek), or Estonian CIT:
    1. the due date to file statement of income (under Article 28r(1) of the CIT Act) – the extension applies to taxpayers whose tax year ended between 1 December 2022 (inclusive) and 28 February 2023 (inclusive);
    2. the due date to report gross income, costs and conversion income and to pay tax on such conversion income – the extension applies to taxpayers whose first Estonian CIT tax year commenced between 1 January 2023 (inclusive) and 1 March 2023 (inclusive);
  2. for taxpayers whose establishments (branches) are situated in local jurisdictions other than their registered office – the due date to file statement of the establishments (branches) and the number of staff working there under contracts of employment, broken down by local jurisdiction, as at 31 December 2022 (form CIT-ST).

We can see that, despite petitions to the contrary, the Regulation does not extend the deadlines for:

  • the preparation of annual financial statements and board report,
  • the filing of form IFT-2R.

If this issue pertains to your business and you are interested in our assistance, please contact us.

This blog post is provided for general information purposes to keep you up-to-date with changes in tax law, tax rulings by authorities, case law of courts and interesting commentaries. Doradztwo Podatkowe WTS&SAJA shall not be held legally liable for any acts or omissions resulting from reliance on such information.