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Romania Providing Tax Amnesty and Individual Tax Discount and Return Extension

|Approved Changes|Romania
Romania

Romania's Ministry of Finance issued a release on 8 May 2020 announcing the approval of tax amnesty measures to support businesses hit by the COVID-19 crisis. Subject to certain conditions, the tax amnesty measures provide relief from penalties and interest on outstanding tax obligations as on 31 March 2020, as long as payment is made by 15 December 2020. The amnesty is available for all taxpayers with outstanding tax obligations as on 31 March, including legal entities, individuals, individ…

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