March tax filing extension! When can the application be extended?

Due to the impact of the new coronavirus, many companies are facing pressure. Recently, the State Administration of Taxation announced that the tax filing period in March will be extended, which is really a timely help to everyone. So , when can the declaration be extended?

When is the March tax return extension due?

Wang Daoshu, Auditor General and Director of the Goods and Services Tax Department of the State Administration of Taxation, said at a press conference of the State Council's Joint Prevention and Control Mechanism today that in view of the current epidemic prevention and control situation, in order to further support enterprises to resume work and production, the State Administration of Taxation has decided to extend the tax filing deadline in March by one week in accordance with the law. That is, the tax filing deadline will be extended from March 16 to March 23. At that time, for areas that are still in the first-level response of epidemic prevention and control, the provincial tax bureau can specify the scope and time limit of further extension in accordance with laws and regulations.

Previously, in order to assist in epidemic prevention and control and the resumption of work and production of enterprises, the tax authorities extended the February tax filing deadline twice in accordance with the law and procedures. At present, except Hubei Province, the tax declaration work in other regions in February has been successfully completed. Wang Daoshu said that for a small number of taxpayers who were severely affected by the epidemic and were unable to complete their tax declarations, they can complete the procedures for extended declaration and file tax returns at the same time in accordance with regulations.

In addition, Wang Daoshu said that it would help with epidemic prevention and control and the resumption of work and production of enterprises. The tax authorities extended the tax filing deadline for February twice in accordance with the law and procedures. At present, except for Hubei Province, the tax declaration work in February has been successfully completed, and the entire declaration work is still calm and orderly.

It should be noted that for a small number of taxpayers who have been severely affected by the epidemic and are unable to complete their tax declarations, they can complete the procedures for extended declaration in accordance with regulations and handle tax declarations at the same time. The State Administration of Taxation has arranged for local tax authorities to accept applications in a timely manner and implement the "four no's" requirements. The "four no's" are mainly: no late payment fees will be charged to these specific taxpayers, no administrative penalties will be imposed, they will not be identified as abnormal households, and their tax credit rating will not be adjusted.

He said that in view of the current epidemic prevention and control situation, in order to further support enterprises to resume work and production, the State Administration of Taxation has decided to extend the tax filing deadline in March by one week in accordance with the law. That is to say, the deadline for tax returns will be extended from March 16 to March 23. By then, for areas that are still in the first-level response to the epidemic prevention and control, the provincial tax bureaus can specify the scope of appropriate extension in accordance with laws and regulations.