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Kindly find attached Minister of Finance Decision No. 17/1 dated 13 January 2020 which provides reductions on tax penalties until 29 February 2020. This decision cancels all previous decisions.
This decision covers violations occurring until 31 July 2019 (inclusive).
As per Article 5 of this Decision, proportional realization penalties are reduced by 85% while lump-sum realization penalties are reduced by 60%.
As per Article 7 of this Decision, late payment penalties are reduced by 75%.
DownloadKindly find attached National Social Security Fund Circular number 3 dated 31 October 2019 which determines the mechanism of handling the late settlements penalties and the interest related to the month of September 2019.
DownloadKindly find attached Minister of Finance Announcement No. 3045/S1 dated 4 October 2019 defining the mechanism of filing the M18 form related to the Ultimate Beneficiary Owner
DownloadKindly find attached Ministry of Finance Decision number 652/1 dated 3 September 2019 related to the rescheduling of installment plans for taxes and penalties
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