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Funding a business
Annual Tax filing - Do you save it in advance?
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[QUOTE="Alexandoy, post: 72619, member: 25510"] Our revenue system here has a changed policy before the new millennium. Instead of the system that we inherited from the IRS of the US we are now taxing based on gross. For an employee the monthly tax is already deducted from the salary so at the end of the year there is no more payment unless there is an irregularity in the monthly salary. For businesses we are required to file with the revenue office the tax declaration for 3 months with the payment. At the end of the year there would be an adjustment, to be paid or to be refunded. [/QUOTE]
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Annual Tax filing - Do you save it in advance?
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