A provisional assessment of the taxable profit for 2012 should be made and filed by 31/08/12 the latest to avoid any penalties and interest on resulting taxes.
Any taxes due must be paid in 3 equal instalments as follows:
- 31/08/2012
- 31/10/2012
- 31/01/2013
The provisional assessment should cover at least 75% of the final taxable profits, otherwise, there will a 10% penalty on the difference between final tax to be determined and provisional tax paid.
The difference between final tax determined and provisional tax must be paid by 31/08/13 the latest.
Please let us know if you are expecting a taxable income for 2012.
Clients that have a company through CCLOGIC can contact us here Select a department - Offshore Company Formation - for any questions they may have.
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Any taxes due must be paid in 3 equal instalments as follows:
- 31/08/2012
- 31/10/2012
- 31/01/2013
The provisional assessment should cover at least 75% of the final taxable profits, otherwise, there will a 10% penalty on the difference between final tax to be determined and provisional tax paid.
The difference between final tax determined and provisional tax must be paid by 31/08/13 the latest.
Please let us know if you are expecting a taxable income for 2012.
Clients that have a company through CCLOGIC can contact us here Select a department - Offshore Company Formation - for any questions they may have.
Toggle signature
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
