Decision No. 652/1 dated September 3, 2019 relating to the implementing provisions of article 68 of the Budget Law No. 144 dated 31/07/2019

The Ministry of Finance (MoF), has issued and published the here below Decision No. 652/1 dated September 3rd, 2019 defining the implementing provisions of article 68 of the Budget Law No. 144 dated 31/07/2019 related to the rescheduling of the taxes instalment schedules due to the tax authorities but not settled by the taxpayers before the issuance date of this law. provided that the taxpayer submits a request for rescheduling the tax payments and settles a first payment of 25% of the due taxes within 3 months from the issuance date of this law (before 31/10/2019), the payment of the remaining taxes can be rescheduled for a maximum period of 3 years from the first payment with an annual interest rate of 12%. If one of the instalments is not paid, all instalments will be due with an interest of 15%.

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