Form 770/2024 income tax period 2023

News n.29/2024

Once again this year, the date by which tax withholding agents are required to electronically submit Form 770 for 2023 income to the Internal Revenue Service is set at Oct. 31, 2024.

The Form, approved by Revenue Agency Order No. 61647 last Feb. 26, 2024, is to be used by withholding agents (including State Administrations) to report withholding taxes to the Revenue Agency, and can be either Simplified or Ordinary.

1. Form 770/2024 Simplified consists of the panels containing summaries of withholdings made and payments made, regarding:

Income from employment, equivalent and assimilated employment;
Self-employment income
Commissions and miscellaneous income.

2. Form 770/2024 Ordinary consists of the panels containing summaries of withholdings made and payments made with respect to:

Dividends;
Income from participation;

Want to know more?

Subscribe to studiopiceci.com to continue reading these exclusive posts.