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Up to 25 January 2021, VAT is to be reimbursed by the authorities with the subsequent performance of tax audits based on risk assessments. There are, however, certain circumstances in which this measure does not apply, as follows:
• Tax audits were initiated prior to 16 April 2020 further to the filing of a VAT reimbursement request by the taxpayer
• The taxpayer’s tax records include actions punishable as crimes
• The tax authorities believe there is a risk of VAT being unduly refunded
• Voluntary liquidation or insolvency procedures were initiated (with the exception of cases where a reorganisation plan has been approved)
• Taxpayers (other than large and medium taxpayers) are requesting either (i) a refund of VAT deriving from a period of more than 12 months; or (ii) a refund of VAT based on their first VAT return filed after registering for VAT purposes.
Source: GEO no. 48/2020 regarding various financial and fiscal measures, published in the Official Gazette no. 319 on 16 April 2020, GEO no. 90/2020 for modifying GEO no. 6/2019 regarding tax facilities and for updating other pieces of legislation published in the Official Gazette no. 459 on 29 May 2020 and GEO no. 99/2020 regarding various fiscal measures, the modification of normative acts and the extension of various dates, as published on 25 June 2020 and Emergency Ordinance no. 181/2020 regarding various fiscal and budgetary measures, the modification and supplementation of various normative acts, and the extension of various deadlines
Last update: 02 December 2020
