Financial Transaction Tax Notification

The Tax Authorities have made available on their portal an electronic form and XSD scheme for the notification of the Financial Transaction Tax, which will need to be submitted for the first time for the tax period of April 2025. 

Notifications of the tax amount for the first three tax periods can be submitted by July 31, 2025.  

Please note, this deadline does not apply if the FTT payer collects the tax from the taxpayer for the tax periods of April and May by May 31, 2025. In such a case, the FTT payer is obliged to remit the tax by the end of the calendar month following the calendar month in which the tax was collected. 

The extended deadline for submitting the notification also does not apply to a taxpayer to whom costs related to processing of a financial transaction are recharged. Such a taxpayer is required to submit the tax notification within the standard deadline, i.e., no later than by the end of the calendar month immediately following the tax period in which the taxpayer paid the recharged costs. In such a situation, the settlement of receivables is also considered a payment.