Time limit for paying income tax is December 28

The State Tax Service finished the process of issuing notices of payment to taxpayers who are obliged to pay the income tax. As December 25 is a nonworking day, the delaine for paying the income tax was extended until December 28, IPN reports.

If the time limit is not met, a penalty of 0.0329% a day will be imposed for each day of delay.

The income tax is applied to private individuals’ property in the form of residential real estate and vacation homes (except for land) that cumulatively meet the following conditions: total estimated value is 1.5 million lei and more, while the total area is 120 square meters and more.

The payment can be also made online through the government e-payment gateway Mpay.

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