Льготы по налогу на прибыль могут быть расширены
Today, this benefit cannot be applied in case of correction of a tax return. A group of PDS deputies headed by former Finance Minister Viktoriya Bilous registered a draft amendment to the Tax Code in parliament as a legislative initiative, which proposes to abolish this restriction.
Namely, to cancel the provision in Article 87 of the Tax Code, according to which “corrected declarations submitted after the relevant deadline shall not be taken into account, if one of the purposes of correction concerns a change in the variant of application of this paragraph”.
As the authors of the initiative emphasize, the provisions of Article 87 paragraph (11) of the TC, providing for deferral of profit tax payment, is an effective measure to support companies to ensure the growth of investment in business. And the existing restriction should not be a reason to deprive a taxpayer of the opportunity to take advantage of this benefit.
Given that the budget is not directly affected by the incorrect completion of a tax declaration, the deputies also propose to revise the amount of the penalty applicable for this type of violation.
In particular, to change paragraph (6) of Article 260 of the Tax Code. If the initiative is approved as amended by the MPs, the fine will be set from 1,000 to 10,000 lei. Today, according to the current wording of the Tax Code, the fine ranges from 12% to 15% of the undeclared (reduced) amount of taxable income.
