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PIT Act to be amended: automatic refund of overpaid tax (2/27/20)

Proposals for amending the Personal Income Tax (“PIT”) Act with respect to preconditions and procedures for an automatic refund of overpaid PIT were announced at the meeting of state secretaries on 11 June 2020. The automatic refund process is to begin in 2023 for PIT overpaid in 2022.

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