26
IUN 2020
The main measures provided by the normative act, which enters into force starting with June 25, 2020, are presented below:
- The period for which interest and late payment penalties are not calculated and not due, according to the Tax Procedure Code, for tax obligations that became due after March 21, 2020 is extended until October 25, 2020. This measure was initially applicable. until the end of the state of emergency and 30 days after the cessation of the state of emergency, then it was extended until June 25, 2020;
- Taxpayers paying income tax, regardless of the declaration and payment system, as well as taxpayers paying income tax to micro-enterprises, which pay the tax due quarterly / quarterly advance payment by the due dates, July 25, 2020 inclusive, for the second quarter, respectively October 25, 2020 inclusive, for the third quarter, benefits from a 10% bonification calculated on the tax due quarterly / quarterly advance payment;
- It benefits from a 10% bonification and the taxpayers have opted for a financial year different from the calendar year. These taxpayers benefit from the bonus if they pay the tax due quarterly / quarterly advance payment until the due date between April 25 and June 25, 2020 inclusive and, respectively, if they pay the tax due quarterly / quarterly advance payment until the due date, if any, between June 26 and September 25, 2020 inclusive and between September 26 and December 25, 2020 inclusive;
- Taxpayers obliged to pay the specific tax for certain activities do not owe the specific tax for a period of 90 days from the date of entry into force of this ordinance;
- Taxpayers recalculate, accordingly, the specific tax for 2020, by dividing the annual specific tax by 365 calendar days and multiplying the resulting value by the difference between the number of 365 calendar days and the number of 90 calendar days. Also, the period in which they stopped the activity, totally or partially, as a result of the state of emergency, decreases.
- The declaration and payment of the specific tax related to the first semester of 2020 is made until October 25, 2020 inclusive;
- Deliveries of medical masks and ventilators until October 1, 2020 are exempt from VAT with the right to deduct.