Starting with 1 January 2017, the obligation of submitting Statement 205 is no longer required for payers of income from wages and assimilated income, of exploitation in any form of intellectual property rights, pensions, lease, as well as for legal entities who are obliged to calculate, withhold and pay the tax due by individuals according to article 125 par. 8 and 9 of Tax Code.
Thus, the Tax Administration eliminated from the statement’s form the columns corresponding to the previous mentioned revenues. This provision also applies to 2016 revenues.
However, the said payers of income are required to submit the Declaration on payment obligations of social contributions, income tax and nominal record of insured persons for each income beneficiary.
Obligation of submission of Statement 205 is still in force for payers of income subject to withholding tax, others than those mentioned above.
Starting with January 2017, the scope of stock option plan provisions also includes equities defined as any share or stock in a general partnership, limited partnership,limited company, limited partnership by shares, limited liability company or in any other legal entity or an open investment fund.
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