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New deadlines for the removal of tax accessories, VAT refunds with subsequent control and the grace period for leasing

The Finance Ministry announced the extension of certain deadlines and facilities granted to companies in order to get through the difficult period caused by the Covid-19 crisis.

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5-10% discount for companies that pay income/profit taxes on time

March 31, 2020Andreea Ilica

According to a Government Ordinance (GEO 33) published this evening (30.03.2020) in the Official Gazette, companies will be able to benefit from discounts if they pay their taxes on time.

Thus, taxpayers paying corporate income tax, regardless of the tax return system, who pay their tax due for the first quarter of 2020, respectively for the prepayment for the same quarter, until April 25, 2020 inclusively, benefit from a 5% or 10% discount, calculated on the income tax due. Microenterprises also benefit from this facility, respectively a 10% discount.

We present below the article: 

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Extension of the deadline for the tax returns 2020 and other measures to support the business environment

March 17, 2020Andreea Ilica

As a result of the difficult economic context caused by the COVID-19 coronavirus pandemic, the Minister of Finance, through a press release from the National Agency for Fiscal Administration (ANAF) announced today (Monday, 16.03.2020) a series of measures to support the business environment.

Below you can find an overview of the main provisions:

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