On 5 October 2021, at the request of the Ministry of Finance, the Legislative Assembly approved Legislative Decree 173 known as Tax Amnesty. The decree aims to give taxpayers 60 days to settle their situation before the Treasury, with exemption from payment of purposes and interest in the event of non-compliance. It grants taxpayers who voluntarily comply with certain tax and customs obligations (e.g. payment of outstanding taxes) providing waiver of interest, surcharges and fines. The Tax Amnesty Act is now in force and the last day for taxpayers to apply for its benefits will be 10 December 2021.
The amnesty applies to obligations due on or before June 30, 2021; It therefore applies to monthly tax returns for May 2021 and previous months and to annual tax returns for years up to the 2020 financial year.
