Remission of late filing penalties and default interest


In connection with existing emergency measures, the Minister of Finance has issued a Decision concerning the remission of penalties and associated default interest:

For late filing of corporate and personal income tax returns for the 2020 tax year, provided a tax return is filed no later than 3 May 2021 (standard filing) or 1 June 2021 (for tax returns filed electronically), as appropriate;

For late filing of VAT returns for the tax period of February 2021 and of associated control (review) statements, provided a tax return / control (review) statement is filed no later than 15 April 2021.

The aforementioned remissions will be APPLIED AUTOMATICALLY, subject to the above provisions. Therefore, it is not necessary to submit individual applications. 

For more information regarding all measures, see the “Coronavirus and the Law” section of our website (