Circular 4/2014 - The Tax Delegation

The Tax Delegation

With the approval of Law no. 23 of 11 March 2014, which entered into force on the following 27 March (the "Law"), the Government was delegated to implement specific interventions, organic and structural, aimed at pursuing a more equitable, transparent and growth-oriented tax system.

This circular is intended to provide a first summary framework on the main guidelines of the desired reforms.

Index

1. Revision of the land register of buildings (article 2)
2. Evasion and erosion - control activities (Articles 3 - 4 - 9)
3. Circumvention and abuse of law (Article 5)
4. Tax compliance - rulings - installment of tax payables (article 6)
5. Simplification (Article 7)
6. Review of the penalty system (Article 8)
7. Revision of the tax dispute (Article 10)
8. Revision of individual taxation (Article 11)
9. Rationalization of business income (Article 12)
10. VAT and other indirect taxes (Article 13)
11. The Green Economy (Article 15)
12. The stages of implementation

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