Approval of the Models of the IRS Declaration Forms
EA BriefFiscalTax
17 December, 2021On December 17, 2021, Ordinance no. 303/2021 was published, approving the models for the forms to be used in IRS declarations and the respective instructions for filling out the forms.
It was necessary to reformulate the model 3 declaration and some of its annexes accordingly, as well as updating the respective instructions for completion, considering the legislative changes resulting from Law no. 75-B/2020, of December 31 (LOE 2021), regarding the allocation of real estate from private assets to business and professional activity and regarding the transfer of real estate from business and professional activity to the taxpayer’s private assets; as well as the transitory regime foreseen in article 369 of the same law.
The following model forms have been approved:
- Annex B – business and professional income earned by taxpayers covered by the simplified regime or who have practiced isolated acts – and respective instructions for completion;
- Annex C – business and professional income earned by taxpayers taxed on the basis of organized accounting – and the respective instructions for completion;
- Annex G – capital gains and other asset increases – and the respective instructions for completing the form;
- Annex G1 – non-taxed capital gains – and the respective instructions for completing the form.
The forms relating to the cover of Form 3, Annex F – property income and Annex H – tax benefits and deductions remain in force, although new instructions for completing these forms have been approved.
This ordinance takes effect on January 1, 2022.