The Consumer Price Index for Discounting Advance Payments of Corporate Income Tax has been Set at 104.4% for 2025
The Ministry of Finance published in the Official Gazette No. 113 of February 7, 2025 Order No. 151/2025, which sets the Consumer Price Index used to update the advance payments on annual corporate income tax.
For fiscal year 2025, this index is 104.4%, which is lower than the previous year, when it was set at 106%.
Who is required to pay corporate income tax with advance payments?
According to Article 41 of the Tax Code, the following categories of taxpayers are required to declare and pay annual corporate income tax with quarterly advance payments:
✅Credit institutions, which are required to make their annual tax payment by the deadline for filing return 101, i.e. June 25, 2025
✅Other special regime taxpayers
✅ Companies opting for this system
How are advance payments calculated?
🔹 Businesses that choose this system determine advance payments as one-fourth of the tax due in the previous year.
🔹 This tax is the tax declared on form 101 and is updated with the consumer price index established by the Ministry of Finance.
🔹 The deadlines for prepayment are the 25th of the month following each quarter, except for the fourth quarter, when payment is due by December 25.
What impact does the reduction in the consumer price index have?
The fall in the index from 106% to 104.4% means that firms using this system will have lower advance payments than in the previous year, which may affect taxpayers’ cash flow and tax strategy.
For more information and clarification, taxpayers are advised to consult the Tax Code and visit the website of the Ministry of Finance.