The time for submission this year’s tax returns by individuals is expiring June 30, 2017.

For all legal entities the timelines of income tax payment is changing. From now on the first installment is not going to be paid upon Tax Return submission but it will be payable the last working day of the following month from the closing date of tax return deadline. The other 5 installments have to be paid until the last working day of the next five months. At the same time, payment installments are reduced in six monthly installments instead of eight.