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Late payment interest and penalties concessions

Romania

On 21 October 2015, Government Emergency Ordinance no. 44/2015 on granting certain tax concessions was published in the Romanian Official Gazette. Taxand Romania provides an overview.

Ordinance no. 44/2015 provides for the cancellation, under certain conditions, of late payment penalties and of a 54.2% share of late payment interest related to a number of tax obligations owed to the general state budget. 

Discover more: Late payment interest and penalties concessions


Your Taxand contact for further queries is:
Angela Rosca
T. +40 21 316 06 45
E. angela.rosca@taxhouse.ro

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Taxand's Take

Taxpayers in Romania should take note of this update and arrange payment of any undeclared or unpaid taxes promptly, to make the most of the late payment and interest concessions.

Taxand's Take Author

Angela Rosca
Romania

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