IRC - Aditional Payment on Account

Corporate Income Tax

The Article 105-A IRC Code states that entities required to make payments on account and special payments on account are also required to make an additional payment where the previous tax period was due pours state in accordance with article 87-A IRC Code.

Thus, the IRC taxpayers referred to in article 87-A IRC Code that in the year 2009 have cleared a profit, subject and not exempt of tax, exceeding € 2,000,000, must make the additional payment on account, the amount payable is calculated by applying the percentage of 2% on the profit of 2009 that exceeded the € 2,000,000.

The value thus obtained shall be divided into three equal parts with payment in July and September, the first two and up to December 15 the third charge per account.

(Article 105-A IRC Code)

Calculation of the 'Payment on Account' and the 'Special Payment on Account'

Corporate Income Tax

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This note is only for information and does not hold its divulgers responsible. For thorough information you must consult the Law.