September 30, 2016 deadline for payment of local taxes

According to the regulations of the Tax Code Law 571/2003, the obligation to pay local taxes is divided into two installments with the following due dates:

– March 31;

– Sept. 30.

Accordingly, next September 30, 2016 is the deadline to settle the last installment of the local tax. As a reminder, the local tax (referring to the municipality) covers both property located in the local area and motor vehicle taxes. In case the second annual installment is not paid, penalties of 2% of the tax obligation for each month or fraction of a month of delay will be calculated.

The tax of less than 50 lei must be paid in a lump sum by March 31.

In the case of failure to pay the local tax within the legal terms, the taxpayer will be subject to enforcement in the terms and manner prescribed by law.

The enforcement procedure involves the following steps:

1. notice of the enforcement title referring to the tax debt;

2. in the event of non-payment following receipt of the notice referred to in the preceding paragraph, bank accounts shall be attached;

3. in case of insufficient funds in the current accounts, the Tax Administration will proceed to mortgage the taxpayer’s real or movable property.

We remain available for any clarification.