Deadline Looms for Tax Amnesty: Penalties Waived for Payments by July 1

Article 6 of the 2021 Finance Act provides that all collection fees, fines, penalties, and surcharges related to taxes, duties and fees collected before January 1, 2020 and not reimbursed by December 31, 2020 will be canceled. But to benefit from this relief, the total principal of the tax must be paid by July 1, 2021 at the latest.

In addition, the person concerned should not be the subject of a procedure to rectify the tax base completed before January 1, 2021, when signing a written agreement proportionate to the issuance of the tax assessment before that date. This applies to the total or partial payment of penalties, fines, surcharges and collection fees, in the following years.

As for those who only owe unpaid fines, penalties, surcharges and collection fees until December 31, 2020, they will obtain a partial reduction of 50%, if the remaining 50% are reimbursed before July 1, 2021.