▶ About provisional payment of CIT

Companies need to make a provisional payment of CIT within 30 days after the fourth quarter.


Because the deadline of tentative payment will be within 30 days after the end of the quarter, please note that it will be January 30 in case of accounts settlement is December.


In addition, if the total amount of provisional payments for the target fiscal year is less than 20% of the CIT at the time of final return, for the portion exceeding 20%, interest will be added from the payment due date (after January 31 in case of accounts settlement is December) to the payment date in the fourth quarter.


For this reason, each company needs to consider the provisional income tax amount already paid and the estimated CIT amount at the time of final return.

 

 

2018年02月02日