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Romania Provides Tax Payment Installment Option for Companies Affected by COVID-19 — Orbitax Tax News & Alerts

Romania's Ministry of Finance reportedly introduced a tax payment installment option on 4 October 2020 for companies that have been affected by the COVID-19 pandemic and have unpaid tax liabilities that arose after 16 March 2020. The option must be applied for by 15 December 2020 and allows for the payment of tax liabilities in up to 12 monthly installments, without the need for a guarantee. The option is not available for taxpayers with unpaid tax liabilities that arose before the state of emergency for COVID-19.