The external arrangements included a draft regulation extending the annual CIT settlement deadline for corporate tax taxable persons. The regulation will be issued in parallel to the excise duty law in Parliament and some other laws. The Act includes a regulation on the basis of which time is extended for settlement of CIT to 30 June 2021 The regulation, given the calendar of parliamentary work, will enable taxpayers to benefit from this solution.
The original date for CIT settlement is past 31 March 2021. It's time for taxpayers to:
the submission of a statement of the amount of income earned (loss incurred) in the tax year which ended in the period from 1 December 2020 to 28 February 2021,
payment of the tax due as shown in the statement referred to in point 1, or the difference between the tax due on the income shown in that statement and the sum of the advances due for the period from the beginning of the year referred to in Article 27(1) CIT Act.
According to the Act, this term will be extended to 30 June 2021. However, in view of the calendar of parliamentary work, Minister Tadeusz Kościński has decided to issue a regulation which will include identical solutions as in the aforementioned Act. This will enable taxpayers to benefit from this solution.