The deadline to file the final profit tax return for 2024 and make the corresponding payment.

Since the 2023 tax year, all taxpayers must file their profit tax return electronically via the "BO impuesto" portal. The digital form will be available in BOI from March 7, 2025. The deadline is approaching, and it is essential to pay on time.

Filing the return and making the payment

If you cannot file the final return before June 2, 2025, you must file a provisional return and make the corresponding payment no later than June 2, 2025. The tax inspector will evaluate the request, and if the taxpayer meets all the conditions for extension, the last day for filing the final return and making the payment will be December 2, 2025. Because the inspector must evaluate the request for an extension, it is advisable to file the provisional return now and not wait until June 2. If the inspector rejects the request, the taxpayer still has time to file the final return.

BOi account

All profit taxpayers must have a BOi account to log in to the portal and complete the return form. It is essential to know that all profit taxpayers are the administrators of their accounts (taxpayer admin). It has his username and password. If the taxpayer has a tax advisor, he can authorize his advisor to take care of the income tax via BOi. To prevent unwanted use of his tax data, the taxpayer must never give the login details to his portal to a third party (a person or advisor). Advisors have their login details to BOi.

If you do not have a BOi account

Taxpayers without a BOi account must immediately submit a request via BOi account. If a company is registered as "dissolved" with the Chamber of Commerce, they must report it to the Tax Department. Companies without commercial activities registered with the Chamber of Commerce must file a profit tax return. The company must have a BOi account to access the portal. Failure to comply will result in a fine that is not necessary.

Non-compliance

Taxpayers who fail to file the final return will receive an additional assessment, including a fine. The same applies if taxpayers paid less than what they declared in the corporate income tax. The fine for non-compliance with filing the return is a maximum of Afl. 2,500. If the taxpayer does not pay the profit tax or pay incorrectly, the fine is a maximum of Afl. 10,000.
The tax authorities advise all profit taxpayers and/or their tax advisors not to wait until the last moment to file the tax return and make the profit tax payment to avoid a supplementary assessment and fine for non-compliance.