Ministry of Finance proposes increase of late-payment interest: Draft Law adopted by Parliament
On 21 September 2010, the Parliament adopted a draft Law amending the Tax Code which, amongst others, introduces the new method of computation of the late-payment interest charged on tax in arrears. The draft Law further provides for an 8% minimum rate of the late-payment interest. The draft is awaiting the President's signature, and will come into force 14 days from the date of publication …
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