Tax Flash no.12/2020 – The extension of certain deadlines provided by EO 6/2019

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Law no. 114/2020 on the approval of Emergency Ordinance no. 90/2020 for the amendment of Ordinance no. 6/2019 on the establishment of fiscal facilities, as well as for the amendment of other normative acts was published in Official Gazette 600/2020

  • Debtors in financial difficulty for which there is a risk of insolvency may restructure their outstanding main tax liabilities at 31 July 2020 and unpaid until the date of issuance of the tax attesting certificate, as well as the ancillary budgetary obligations.
  • The restructuring of budgetary obligations also applies to the main and ancillary budgetary obligations established by other authorities than the fiscal authorities, as well as to fines of any kind, sent for recovery to central fiscal authority after August 1, 2020 until the date of issuance of the tax attesting certificate.
  • The deadline for submitting the restructuring request is extended until December 31, 2020.
  • Debtors that have pending requests may opt, within 10 days from the date of entry into force of Law 114/2020, to restore the restructuring plan with outstanding budget obligations at 31 July 2020 by submitting a request to the competent authority and by submitting a new application by 31 December 2020.

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