If you do not submit and pay the tax return form or the provisional tax return form (according to the tax return form), you can receive a supplementary tax assessment with a fine. This is also the case if a customer pays an amount that is less than what is stated on the tax return form. The default penalty for non-submission of the tax return form is a maximum of Awg. 2,500,00. If no profit tax is paid or an incorrect declaration is filed, the fine can increase to Awg. 10,000.00.
The Tax Office urges its customers and / or advisors or to take into account the latest date of December 9, 2019 and not to wait until the last moment to submit the tax return form.