On 31 August 2026, Exempt Resolution No. 115 established the obligation to file Annual Sworn Statement No. 1966 for persons or entities that declared their activity is not subject to the obligation to register for tax activities under Article 68, paragraph 12 of the Tax Code. The resolution revokes specific clauses of Resolutions No. 99 and No. 127 of 2025. This new requirement aims to improve transparency for entities operating under tax exemptions or passive investment structures.
Key Takeaways
- New Filing Obligation: Entities previously exempt from registration must now report annually on their status, income, and asset holdings via Form 1966.
- Retroactive Application: The requirement applies to the 2026 tax year, with the first filing due in April 2027.
- Penalty Risk: Failure to file incurs fines under Article 97 of the Tax Code, and may trigger loss of exemption benefits.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement