Normative Instruction 1,821/2018, published in the Official Gazette of 31 July 2018, modifies the fines applicable to companies taxed under the presumed or determined profit regime and exempt entities as follows:
- 5% of the gross income in case of non-compliance with required files and records;
- 5% on the amount of the transaction (limited to 1% of gross income) in the case of omitted or incorrect information relating to files and records;
- 2% per day delay on the amount of gross income (limited to 1%) in case of delay in submitting the necessary files and records.
