Tax deadlines nearing expiry... Finance Ministry warns of fines

The Ministry of Finance called on concerned taxpayers to expedite the completion of their tax and legal obligations during the month of October 2026, warning that several deadlines benefiting from Law No. 46 of 27 July 2026 on the suspension of deadlines are nearing expiry, and that exceeding them could lead to legal fines. The Ministry explained that the deadline for inventory revaluation and fixed asset revaluation for the years 2023 and 2024 ends on 10 October 2026 under Law No. 330/2024, extended by Law No. 40/2026, while the deadline for submitting annual income tax declarations for 2025 for joint-stock companies, banks, financial institutions, insurance companies and holding companies, along with related annual statements and declarations, ends on 31 October 2026. On the same date, the deadline for submitting requests to revalue fixed asset items for joint-stock companies for 2025 also ends.