Extension of the deadline for submitting the IRC Modelo 22 return

The IRC Modelo 22 return is companies’ main reporting obligation for the assessment of corporate income tax and must, as a rule, be submitted by the end of May for the tax period coinciding with the calendar year. However, for the 2025 financial year, this deadline was exceptionally extended.

The reason for the extension

The deadline for submitting the Modelo 22 return was extended until 19 June 2026, by Order No. 68/2026-XXV-SEAF of 12 May.

This decision was based on exceptional circumstances, namely the adverse weather conditions seen at the start of the year, which disrupted the normal operation of companies. In particular, there were significant constraints on the closing of the accounts and the preparation of the information needed to meet tax obligations.

Who does it apply to?

The extension is general in scope, covering all IRC taxable persons whose tax period coincides with the calendar year, with no need to demonstrate any direct impact arising from those circumstances.

Effects of the extension

Until the new deadline — 19 June 2026 — companies may submit the Modelo 22 return and pay the tax due without any surcharges or penalties. This is a measure with significant practical impact, allowing companies to ensure compliance with their tax obligations with greater certainty and accuracy.

Conclusion

The extension of the Modelo 22 deadline should be seen not merely as a deferral but as an opportunity for companies to review and validate the assessment of their taxable profit, mitigate potential tax risks and ensure the correct application of any tax benefits.

Given the importance of this obligation and the growing complexity of the tax framework, its preparation requires careful analysis. VPA is available to provide advice in this area, ensuring the correct tax treatment and compliance with reporting obligations.