The VAT payments, having deadline on 14th of February 2014, are probably going to be the last which will be made according to the current obligation payment’s procedure. The reason for this is the Constitutional Court’s resolution to declare as unconstitutional the changes which have been implemented by § 44, point 3, b. „a“ and point 5 of the amendment of the Value Added Tax Act’s transitional and closing provisions (promulgated in the State Gazette issue 94/2012). The above law previously amended and respectively revoked the provisions of art. 169, par. 4 and art. 179, par. 1 of the Tax and Social-Insurance Procedure Code.
The resolution is regarding the single account which led to numerous discussions last year. It was announced on 5th of February 2014 and having in mind the terms and the uncertainties regarding the amendments which will be needed, the VAT payments which are due to 14th of February 2014 will be made according to the current obligation payment’s procedure.
The amendments with regards of the court’s resolution are yet to be proposed by the experts from the Ministry of Finance and the NRA. The possible changes are also going to be discussed with employers’ organizations and Trade Unions and are going to be submitted in theNational Assembly.
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