Tax Code

On 1 January 2025, new changes came into effect regarding interest payments and penalties. The possibility of imposing a penalty in the form of "interests on interest" has been excluded; moreover, there is a new possibility to waive a penalty in its whole amount (not just in the amount of 75 per cent, as previously). Furthermore, a collective waiver of tax, tax accessions or tax deferrals is now possible. This will be made possible by government measures based on proposals to be made the minister of finance. Other changes include: a new way of submitting an appeal against a tax administrator's decision on a taxpayer's objection; new rules governing the administration of tax liability and the transfer of tax liability upon the termination of a trust; and new rules concerning the delivery of mail abroad.