In the following we will analyze the forms of fiscal facilities regarding the extension of some terms published in the Official Gazette.

On August 8, 2019, Government Ordinance no 6/2019 introducing tax relief measures

The document regulates the restructuring of liabilities toward the state budget, which are higher than RON 1 million and overdue as at 31 December 2018.

Debtors who meet certain conditions (e.g. to be a legal person, to be in financial difficulty, to have all the declarations submitted etc.) may request the fiscal body to restructure the budgetary obligations in order to avoid the opening of the insolvency procedure and to revitalize their businesses.

To qualify for these measures, the debtors have to notify the competent tax authority of their debt restructuring intention until September 30, 2019.

Subsequently, the debt relief request can be filed within six months from the entry into force of the ordinance, until February 10, 2020.

Subsequently, this Ordinance was amended by Ordinance 90/2020

It extends until March 31, 2020 the deadline of the fiscal obligations that can be restructured. Thus, the debtors can restructure their outstanding fiscal obligations as of March 31, 2020.

It includes in the category of outstanding fiscal obligations as of March 31, 2020 and those established by the competent fiscal body by decision after April 1, 2020 but which related to the fiscal periods up to March 31, 2020.

Extends, until September 30, 2020, the deadline for submitting the notification regarding the intention to restructure the budgetary obligations, (the old deadline being July 31, 2020).

On July 8, 2020, the Law 114 which amends the Ordinance 90 was published

The debtors can restructure their main budgetary obligations outstanding on July 31, 2020 and unpaid until the date of issuing the fiscal attestation certificate.

The budgetary obligations declared by the debtor or established by the competent fiscal body by decision after August 1, 2020 related to the fiscal periods up to July 31, 2020 are also considered as main budgetary obligations outstanding on July 31, 2020.

The restructuring application can be submitted until December 31, 2020.