On August 13, 2020 was published in the official legal newspaper 'La Gaceta' N. 201 the Resolution N° DGT-ICD-R-19-2020: Amendment to a Joint Resolution of General Scope for the Registry of Transparency and Final Beneficiaries of March 26, 2020.

 

The resolution N° DGT-ICD-R-19-2020 establishes that the mandatory corporate ordinary declarations (yearly declarations) will now be submitted in the month of April of every year. 

 

The RTBF online system will preload the last filed declaration, so the obligated entity can update the data that might have been changed, or simply, to confirm that the information is correct, no changes, and proceed with its filing. 

Please read the following summary about other modifications and transitory introduced by the resolution N° DGT-ICD-R-19-2020: 

 

Filing annual declaration for 2020: Those obliged to file the declaration during 2019 in the RTBF system, will not have to present the declaration for this year 2020, since the RTBF system will automatically, and only for this year, keep the declaration filed for year 2019 as the one for this year 2020, without having to perform an additional procedure. 

 

Pending ordinary annual declarations: it must be submitted in ascending order, from the oldest period to the current one, since the obligation to present the ordinary declaration is annual.

 

New incorporated legal entities: The corporations that are assigned with an corporate id number by the National Registry, whether it be by inscription or by solicitude of assignment, between January 1st, 2020 and March 31st 2021, shall not present their first declaration within the first 20 following work days  and instead, for this time only, will present it in April 2021. 

 

Extraordinary Declaration: The corporations that must present a declaration or make corrections in conformity with what is mentioned in section # 6, 6 Bis, 9 and 10 of this resolution, whether it is be because of extraordinary changes or corrections prior to 2019's declaration period (September 2019 to April 2020) and before the annual declaration in April 2021, for this time only, will present said changes in the yearly declaration that must be submitted on April 2021. 

 

Other obligated entities: Trusts, third-party resource managers, and non-profit organizations, which are not yet required to file the declaration directly in the RTBF system, must maintain the information provided in Chapter II of the Law to Improve the Fight against Tax Fraud and deliver it to the Tax Administration when required, until the procedure is established so that they can present it directly in the system.     

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