Decision # 1/309

 Granted reductions on the tax penalties forany tax infringement incurred from the 1st August 2019 till the date of this decision (i.e. 6th May 2021 inclusive) based on the Laws # 199/2020 and 212/2021. According to this MoF decision, the Minister of Finance is granting the taxpayers subject to tax adjustments tax penalties rebates covering all the tax infringements related to income tax, VAT, built property […]

Decision # 1/47

The Ministry of Finance (MoF) issued on the 8th February 2021 the Decision #47/1 (attached scanned copy) determining the application of the tax exemptions mentioned in the article 4 of the Law #185 dated 19th August 2020 and in the article 6 of the Law #194 dated 27th August 2020. These exemptions cover income tax, inheritance tax and built property taxes […]

NSSF Circular # 659

Please be informed that the National Social Security Fund (NSSF) Circular #659 (attached a scanned copy) dated 1st February 2021 has suspended all the deadlines stipulated in the Social Security Law and the supplementary laws and regulations (including all the formalities and the payment of the NSSF contributions) during the total lock-down period (i.e. from the 14th January 2021 till the total lock-down ends).

Decisions # 1/30

Please be informed that the Ministry of Finance (MoF) decision #30/1 dated 25th January 2021 (attached a scanned copy) has extended the deadline to present the annual tax declarations of the nonprofit associations (on cash basis) and the lump sum taxpayers as well as the Ultimate Beneficiary Owner (UBO) of the fiscal year 2020 until the 1st March 2021.

Decisions # 1/14

Please be informed that the Ministry of Finance (MoF) decisions # 14/1 dated 12th January 2021 (attached scanned copy) has extended the deadlines to present the 4th quarter of 2020 Value Added Tax (VAT) declarations and the payment of the related taxes until the 15th February 2021 inclusive.