Tax Returns

Tax returns are official documents submitted electronically by the taxpayer to the Tax Authority. They contain details of income, expenses, and tax due for a specific period, depending on the applicable type of tax.

These returns must be submitted within the deadlines set by law, whether for Income Tax, VAT, or Excise Tax.

The main types of tax returns include:

• Annual Income Tax Return: Submitted annually after the end of the fiscal year.
• VAT Return: Submitted quarterly for registered VAT taxpayers.
• Excise Tax Return: Submitted quarterly when engaging in excise-related activities.

Failure to submit tax returns on time may result in penalties and legal action.