In brief

The federal tax authority (FTA) extended the suspension regarding the filings of tax foreclosure procedures until 31 May 2021 for micro and small companies and the taxpayers that develop economic activities that were critically affected.

In addition, for the rest of the taxpayers, the seizures on financial entities or on accounts receivable and the judicial intervention of cash were suspended until 31 May 2021.

In more detail

  • On 30 March 2020, General Resolution No. 4953/2020 was published in the Official Gazette, by which the FTA extended until 31 May 2021 the suspension regarding the filings of tax foreclosure procedures and precautionary measures for micro and small companies registered in the Register of MiPyMES Companies and/or the subjects that carry out as their declared main activity, according to the Classifier of Economic Activities (Form No. 883) approved by General Resolution No. 3,537, some of the economic activities that were critically affected.
  • The list of critically affected activities referred to in the previous paragraph may be found by accessing the microsite called Relief Measures.
  • In addition, for the rest of the taxpayers not included in the aforementioned assumptions, the suspension regarding the seizures on funds and/or securities of any nature, deposited in financial entities or on accounts receivable, as well as the judicial intervention of cash, was established until 31 May 2021.
  • The mentioned suspensions will not be applicable in cases of the serious impairment of the interests of the FTA or the imminent configuration of the statute of limitations.

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