Tax Alert: MoF decision #469/1 dated 23 July 2021- Extension of FY 2019 & 2020 Income Tax filling till the 7 Aug. 2021July 23, 2021
Tax Alert: MoF decision #469/1 dated 23 July 2021- Extension of FY 2019 & 2020 Income Tax filling till the 7 Aug. 2021
Dear All,Based on the Law #237 dated 16th July 2021 and published in the Official Gazette #29 dated 22nd July 2021 (scanned copy attached) that considered the period from 31st December 2020 till 22nd March 2021 as part of the suspension period of legal and tax obligations following the COVID-19 lockdown period imposed by the general mobilization, the Ministry of Finance (MoF) issued the decision #469/1 dated 23rd July 2021 (attached a scanned copy) that further extended the deadline for the filling of the Corporate Income Tax (CIT) of the Fiscal Years 2019 and 2020 (that was initially due on the 31st May 2021 and then extended till the 26th July 2021) till the 7th August 2021. The payment of the related income taxes of both fiscal years 2019 and 2020 has been extended till the 31st December 2021.
We remain at your disposal should you need any further clarification or information on this subject.
DAHER AND PARTNERS