Home » Business » Tax returns: What applies to those that haven’t supplied an IBAN – 2024-06-03 14:47:47

Tax returns: What applies to those that haven’t supplied an IBAN – 2024-06-03 14:47:47

Hundreds of thousands of euros in tax refunds are unclaimed, because the tax administration can not find the beneficiaries, regardless of the messages it has despatched them.

The Tax Authority is on the lookout for them to declare the IVAN of their checking account as a way to refund them taxes they’re entitled to and even quantities they’ve gained within the tax lottery.

AADE is on the lookout for 130,000 taxpayers, of which 127,000 are pure individuals and three,000 are authorized entities. All these taxpayers have been despatched repeated messages through e mail or to their private inbox in myAADE however with out response.

The IBAN assertion

With out the IBAN declaration, no tax refunds are made, with the AADE administrator Giorgos Pitsilis noting that with the brand new myAADEapp software, taxpayers now have the likelihood to see on their cellular display the tax refunds they’re entitled to and to declare or change the IBAN of their account as a way to obtain the cash from the Tax Workplace.

This yr, the dearth of IVAN additionally blocks the submission of the tax declaration, excluding the pre-filled declarations for workers and pensioners that are submitted robotically by the AADE.

Those that try and submit their tax return with out having entered the IBAN of the checking account discover that their return just isn’t accepted.

The system robotically generates a message informing the taxpayer that he has not declared or has declared the unsuitable checking account, blocking the submission of his tax return.

The obligatory declaration of the IVAN on this yr’s tax returns was deemed vital as a way to “detach” the tax refunds.

As AADE has introduced since this yr:

  • It’s obligatory to register an IBAN within the myAADE digital portal for all tax residents of Greece who haven’t but declared an IBAN, earlier than submitting the tax return.
  • Accordingly, the registration of IBAN turns into obligatory for international tax residents who haven’t declared an IBAN and for whom the precise to a tax refund will come up from the declaration.

Supply OT

#Tax #returns #applies #IBAN

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