In practice, many business owners believe they will be warned before penalties are imposed for late submissions or payments. This is not the case. Most penalties arise precisely because deadlines are missed — without any prior notice.
The tax authority, FURS, expects taxpayers to independently monitor all statutory deadlines, regardless of company size.
Which deadlines are most often missed?
Most delays occur with:
-
submission of tax returns,
-
corrections of already submitted forms,
-
reporting changes,
-
payment of taxes and social contributions.
Why do penalties occur?
Because:
-
missing a deadline itself constitutes an offence,
-
lack of awareness is not considered a mitigating factor,
-
advance warnings are generally not provided.
➡️ Practical insight: Individual penalties may seem minor, but they quickly accumulate.
CTA:
👉 We can help you establish a clear overview of tax and accounting deadlines.