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May 15, 2026

Article 159 bis 17 specifies the requirements for the annual tax filing of small enterprises. They must submit an electronic income return using the form designated by the Tax Authority. This return must include the enterprise's total income for the year, the specific expenses and costs being deducted, and the resulting taxable income and tax due. By requiring these specific data points even in a simplified filing, the Law ensures the Tax Authority can monitor the enterprise's revenue levels and confirm it remains within the statutory thresholds for the small business regime.

Part 5 bis - Provisions Relating to Tax on Enterprises

Chapter 4 - Tax Assessment of Enterprises and Tax Collection

Article 159 bis 17

[GTL Notes: Enterprise Income Return Submission]

The return of income for any tax year shall be submitted electronically in accordance with the form prepared by the authority for this purpose.

The return of income includes-primarily-the amount of total income during the tax year for which the return is submitted, the amount of expenses and costs deducted from it during that year, specifying the amount of taxable income during that year, and the amount of tax due.