The Tax Administration published a declaration reminding taxpayers of the likelihood of lump-sum taxation of business and professional income under article 49 of the Individual Income Tax Law. Additionally, taxpayers participated in listed activities and whose turnover in 2016 is not more than EUR 18,000 may request to be registered for lump-sum taxation in 2017. A request for lump-must taxation must be submitted to the competent tax authority on the prescribed paper ZPO form until 31st December of the current year for the following year.
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