Comments (4)
It is a common case in countries like Greece, due to the fact that, a citizen of businnes should pay in advance a tax amount, i.e., before submitting the tax declaration. According to the amount of expenses and different tax classification categories, a tax return might take place.
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@pfragkou that's similar to Belgium, though I assume that would probably still result in a positive number ?
E.g if 10.000 EUR was paid upfront in the "normal" flow, but the tax agency returns 2.000 EUR, the net result would still be +8.000 EUR (and it is mentioned on the income tax declaration) Or should it indeed be -2.000 EUR ? To be clarified :-)
In the (rare) case mentioned above, it's also possible to have a tax return even when zero euro is paid in advance (because it's already taxed in another "tax flow", i.e. at the bank level... which does not show up on the final income tax declaration)
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After the tax declaration is being proceesed, the result is always positive but there is an indication "amount to pay", or "amount to be returned/refound".
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@barthanssens, @pfragkou float can contain negative values, therefore it is deductible whether it is a refund (negative) or a payment due (positive). Nevertheless, it is still an open issue on how to define incomeTax
(#68)
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Related Issues (20)
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