Refund of income tax
If a tax return was submitted through the e-Tax Board and the information declared does not require subsequent verification, the overpaid amount of income tax will be returned to the bank account indicated on the tax return within 5 working days as of the date of submission of the tax return but not before 28 February.
On the basis of correct tax returns that have passed the provisional checking, the Tax and Customs Board would issue continuously the payment orders to the banks, in the order generated by the computer system after completing the checking. Tens of thousands of payment orders are issued at the same time and are arranged according to the banks. Exact date of the transfer of an amount to a person's bank account depends also on a bank's operation. It may happen that the persons who submitted their tax returns on the same date are refunded on different dates and it may even occur that a tax return submitted later may be refunded earlier.
From 20 April the Tax and Customs Board starts refunding income tax to the taxpayers who submitted their income tax returns on paper.
The Tax and Customs Board will refund the overpaid amounts of income tax to the bank accounts indicated on the tax returns not later than by 1 July.
If a taxpayer declares business income or gain or loss received from the transfer of property, the overpaid amounts of income tax will be refunded not later than by 1 October.
Income tax may be refunded on a precondition that income tax has been paid within the period of taxation.
2013 income tax shall be refunded within five working days to the persons who submitted their income tax returns through the e-Tax Board/e-Customs, provided that their tax returns do not need further verification. A customer is deemed to be law-abiding if his or her income tax return for 2011 has been submitted by 2 April 2012 and who has no tax arrears in the period from 15 February 2012 to 14 February 2013.