The payment period for taxpayers who intend to benefit from the law on the cancellation of unpaid tax liabilities officially begins on June 10.

On the eve of entering the implementation phase of the law, the Tax Administration has published the most frequently asked questions and answers to clarify the beneficiary categories, the conditions, and the deadlines set.

According to the explanations of the Tax Administration, the law provides for the complete cancellation of unpaid tax liabilities until December 31, 2014, including fines and late payment interest. For social security and health contributions, the main liability is not forgiven, but only the relevant penalties.

For liabilities created during the period January 1, 2015 - December 31, 2019, partial cancellation of the main liability is provided. Taxpayers can benefit from the forgiveness of 50% of the principal if they immediately pay the remaining 50% in the period from June 10 to 30, 2026. Another alternative is the forgiveness of 25% of the principal, if 75% of the obligation is paid by December 31, 2026. In both cases, fines and late interest are completely erased.

Meanwhile, for obligations belonging to the period January 1, 2020 - December 31, 2024, the law provides for the erasure of fines and late interest, provided that the taxpayer repays 100% of the principal obligation within the period June 10 - December 31, 2026.

The Tax Administration clarified that the law benefits taxpayers and entities registered with the tax administration, whether active, passive, or deregistered, according to the established criteria. Persons or entities convicted by a final decision, or who are under investigation or judicial proceedings for criminal offenses in the tax and customs field, do not benefit.

According to the instructions, the taxpayers' credit balance will be automatically used to settle the obligations before applying the benefits arising from the law. For obligations that are erased unconditionally, the procedure is carried out automatically by the Tax Administration, while in cases where the benefit is conditional on payment, it is realized only after the payment is made within the specified deadlines.