On 24 March 2020, some new provisions of the Regulations to the General Tax Law, entered into force. This includes:
- Deferral of payment of tax liabilities due without charging penalty interest for a period of three months from the due date, with the possibility of extending the period for an additional three months.
- Payments of deferred tax liabilities in installments up to 24 months.
- Liabilities due for taxes, contributions and other public charges (excluding customs duties and excise duties) due until 20 June 2020.
- VAT liability that is due within three months, starting with the VAT liability due in April.
- An application for VAT deferral can be submitted only by an entrepreneur whose tax base is determined based on the supplies made.
