Emergency Ordinance no. 99/2020 regarding certain fiscal measures was published on June 25th

The document maintains the application of the following fiscal measures until October 25, 2020:
• no interest and late payment penalties are calculated and are not due, according to the Fiscal Procedure Code, for the fiscal obligations that became due after March 21, 2020;
• no interest and late payment penalties are calculated and are not due, according to the Fiscal Procedure Code, for the late payment of the installments from the rescheduled payment chart;
• the enforcement measure is not implemented for the above budgetary obligations;
• the simplified VAT refund procedure continues until October 25, 2020.

For the year 2020, taxpayers obliged to pay the specific tax for certain activities (HORECA) do not owe specific tax for a period of 90 days from the day of the EO. The period that the activity was suspended due to the State of emergency/alert specific actions is added to the 90 days.

Taxpayers paying corporate tax, as well as micro-enterprises taxpayers paying income tax, which pay the tax due quarterly / make quarterly advance payments until the due dates (July 25, 2020 inclusive for the second quarter, respectively October 25, 2020 inclusive for the third quarter) are granted a 10% bonus computed on the tax due quarterly / quarterly advance payments.

Deliveries of personal protective masks and medical ventilators for intensive care unit are exempt from VAT.

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