We would like to inform
that the State Tax Inspectorate (hereinafter - STI) has announced that the
Government approved the proposal of STI and by decision No. 59 until 30 April
2021 extended the application of tax aid measures to companies affected by
Please be also informed that STI has announced a new list of companies affected by COVID-19, for which until 30 April 2021 and two months after, no interest will be calculated and also no tax collection actions will be enforced. You can view the new list here: Informacija verslui - VMI
The mentioned new list
is concluded based on the company's performance indicators, for example the
list does not include companies with turnover which did not decrease in October,
November 2020, compared to the same period in 2019. Also, the list does not include
companies included in the list of unreliable taxpayers. Please be also kindly
noted that STI reserves the right to verify if the company faces real financial
difficulties due to COVID-19 in order to be included in the mentioned list.
In order to conclude an
interest-free tax loan agreement, the company included in the new list will
have to submit an application to the STI until 30 April 2021, as the tax loan
agreement shall be concluded until 30 June 2021.
Companies that were
considered to be affected by COVID-19 during the spring quarantine, but are now
not restricted in their activities, could use tax aid measures (for tax arrears
accrued until 31 December 2020) until 28 February 2021. During such period, the
mentioned companies may apply to the STI for the conclusion of an interest-free
tax loan agreement.
Moreover, the companies
who are not included in the new list, but who have also experienced financial
difficulties due to COVID-19, will soon be able to apply to the tax administrator
for the tax aid measures. The STI has announced that such institution is
currently preparing a standardized application form that companies will have to
submit through My STI system. Regardless of time of submission of the
application, the tax aid measures will be applicable from 1 January 2021 once
the application is granted.
Should you have any
questions, please do not hesitate to contact Leinonen Tax team and we would be
happy to provide you with more information about the mentioned changes or support
with communication with STI which may be relevant to Your business.
The information above was prepared by the Leinonen tax team.
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