The Tax Department announced important updates on 20 March 2025 regarding the submission deadlines for the 2023 Income Tax Returns, applicable to Companies (“T.D.4”) and Self-employed individuals obliged to prepare accounts (“T.D.1”). Taxpayers should note the following deadlines, differentiated based on the obligation to submit a Summary Information Table (“SIT”) of Controlled Transactions:
| Obligation to Submit SIT | Original Deadline | Extended Deadline (No Penalties) |
| Without Obligation | 31 March 2025 | 30 June 2025 |
| With Obligation | 31 March 2025 | 30 November 2025 |
To ensure compliance and avoid penalties, we encourage all taxpayers to adhere to the stated deadlines.
For any clarifications or assistance regarding your tax obligations, please contact our team.
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