Submission of a revised tax return Sample Clauses

Submission of a revised tax return. Taxpayers can submit a revised tax declaration for tax years 2020 onwards, within 3 years from the submission deadline of the relevant tax declaration and only if the revision arises:  as a result of claiming a relief, deduction or tax credit; or  as a result of correcting an error; or  for the purposes of being consistent with the provisions of the tax laws. Irrespective of the above, a revised tax return cannot be submitted during a tax examination or a tax audit of the relevant tax return. A taxpayer must settle any tax liability arising from the revision, within 30 days from the submission of the revised return. For tax years up to and including 2019, revised tax returns for which the submission deadline has passed, will be accepted by the Tax Department if they are submitted within 6 months from the date of entry into force of the amending law, i.e. up to 19 February 2021.