The Law No. 6552 (the “Omnibus Law”) has published in the Official Gazette on September 11, 2014. The law permits granting a 50% decrease on penalties derived from infractions of process and will apply to unpaid fiscal debts and penalties that were incurred prior to April 30, 2014. It provides possibilities to restructure some fiscal debts of taxpayers who have cash-flow difficulties and allows them to pay the following debts in installments:
- Taxes that are not paid, traffic fines and late payment interest;
- unpaid customs duties;
- due social security contributions; and
- unpaid penalties resulting from taxes, customs duties and social security contributions.
