The Assessment and Collection of Taxes Law of 1978 has been amended in preparation for the completion of the transition to mandatory online filing of all tax returns and self-assessment declarations by electronic means. The Assessment and Collection of Taxes (Amendment) Law of 2018 (Law 44(I) of 2018) deletes article 12B of the existing law and extends the time limits allowed for submitting tax returns and declarations set out in paragraph 1A of article 5 of the Assessment and Collection of Taxes Law by three calendar months when they are submitted electronically.
The amending law also empowers the Commissioner of Taxes to defer the date by which tax returns for 2017 must be submitted and the date by which final tax liabilities for 2017 must be settled beyond the statutory limits, by means of a notice published in the official gazette.
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