Tax office prepares for deadline to file Corporate Income Tax this week

The deadline for filing 1999 Corporate Income Tax (CIT) is Oct. 2 for companies whose fiscal year corresponds with the calendar year. Businesses must inform the Tax Office about their final income within 10 days from verifying yearly financial results and no later than nine months from the end of the fiscal year. The obligation to file a final CIT does not apply to entities whose final income was not different from their preliminary CIT. Taxpayers who must make financial reports must attach them to their CIT and it must be clearly stated who audited the report. Partnerships must submit the decision of the general shareholders meeting that passed the financial statement. (Prawo i Gospodarka, Sept. 30-Oct. 1, page 1, 6)