CORPORATE INCOME TAX RETURN SERVICES OFFERED

Preparation and filing of corporate income tax (CIT) return based on a power of attorney granted to the tax advisor
Review of a corporate income tax return prepared by tax payer’s accounting department
Advisory in relation to specific issues identified in tax return (especially tax deductible adjustments to receivables, tax deductible reserves, tax exempt income, accruals, foreign source income and transfer pricing)
Preparation of corporate income tax return of a permanent establishment (PE)
Review of internal processes in relation to methodology of corporate income tax return preparation
Additional corporate income tax return preparation
Creation of tax liability calculation model in Excel or Numbers
Deferred tax calculation

CORPORATE INCOME TAX RETURN BASIC RULES

Tax period is a calendar year or a business year

Corporate income tax return should be submitted by the end of the third month after the end of tax period

If the company is subject to an obligatory statutory audit of financial statements or if the corporate income tax return is prepared and submitted by a certified tax advisor, the deadline for tax return filing is prolonged to six months.

The tax return filing deadline can be prolonged by up to three months based on a tax payer request. Sound reason should be provided.

If income is received form abroad, tax administrator can extend the deadline for tax return filing up to ten months after the end of tax period.

Corporate income tax is payable on the tax return deadline.

Date of payment is the date on which the tax payment is credited on tax authority account.

In most cases corporate income tax return can be filed only electronically.