26.05.2017
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Notifying tax authority of lending to individuals before 1 June (1) (3/21/17)

Tax PIT
We have written earlier about situations where individuals are required to file their income tax return for 2016 with the State Revenue Service (SRS) before 1 June 2017. This is also the deadline by which the SRS must be notified of any loans made to individuals in past tax periods. This article explores loans that are treated as income and cases where loans must be reported to the SRS.

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