The National Agency for Fiscal Administration (ANAF) announced the extension of the deadline for the application of tax amnesty measures, offering taxpayers the opportunity to benefit from tax facilities until December 20, 2024. This decision comes as an additional opportunity for individuals and legal entities to regularize their outstanding tax obligations, avoiding the related penalties.
What does tax amnesty entail?
Tax amnesty is a measure through which taxpayers can benefit from:
• Cancellation of accessories (interest and late fees) for principal obligations outstanding on August 31, 2024, if they are paid in full.
- Cancellation of a percentage of 25 % or 50 % of the outstanding principal obligations, in
the case of natural persons;
• Incentivizing voluntary compliance, offering taxpayers a way to improve their tax situation without the burden of accessories.
Who can benefit from tax amnesty?
The tax amnesty is addressed to all categories of taxpayers:
1. Individuals who have outstanding tax debts.
2. Legal entities, regardless of the form of organization (commercial companies, NGOs, PFAs, etc.).
3. Public institutions and other entities that have tax debts.
The main condition is the full payment of the main tax obligations by the new established deadline - December 20, 2024.
Steps needed to benefit from tax amnesty
1. Identifying outstanding obligations: Check your tax situation on the SPV (Virtual Private Space) platform or by requesting information from ANAF.
2. Payment of principal obligations: Payment of principal amounts due must be made by the deadline of December 20, 2024.
3. Submission of notifications conveying the intention to benefit from amnesty by November 25, 2024.
Advantages of tax amnesty
• Reducing the tax burden: Eliminating interest and penalties can bring significant savings to taxpayers.
• Improving the relationship with ANAF: Regularizing the tax situation contributes to avoiding enforcement measures.
• Stimulating financial recovery: Amnesty provides support for taxpayers experiencing financial difficulties.
What happens if the deadline is not met?
Taxpayers who fail to pay their main obligations by December 20, 2024 will lose the opportunity to benefit from the cancellation of accessories and will remain obliged to pay all amounts due, including interest and penalties.
Conclusion
The extension of the deadline for the application of the tax amnesty until December 20, 2024 provides an additional opportunity for taxpayers to correct their tax situation without bearing the burden of additional charges. It is essential that the individuals concerned act quickly, verify their tax situation and take advantage of this opportunity.
For more information or assistance in the regularization process, taxpayers are encouraged to use the SPV platform or contact the territorial units of ANAF.
