Incentive for dues repayment

The Finance Ministry, in collaboration with the Independent Public Revenue Authority (AADE), is planning for the reduction of the withholding rate for those who have debts to the state and collect money or proceed with the sale of real estate. The reduced withholding will only concern those who are consistent with debt arrangements and pay their installments regularly.

According to the plan, from the 70% that currently stands, the withholding rate will decrease below 50%. This means that in the event someone needs clearance to collect money from the state, for example, instead of withholding 70%, a percentage of 50% or less will be withheld, which will also erase part of the debt.

Based on the proposal being considered, in order to reduce the withholding rate, a number of conditions should be met, such as, for example, that no installments have been missed, that the...