TAG Tax

Reporting of Lower Depreciation and Amortization Rates

Order no. 99/2021-XXII, of March 29, was published, determining that the communication of the use of depreciation or amortization quotas lower than those defined in the general rules, for the tax period beginning on or after January 1, 2020, can be made until the end of the 5th month following the end of the respective tax period, provided that the reasons that justify it result from a break in activity in the context of the COVID-19 pandemic.

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