Micro, small and medium-sized enterprises that refuse to pay dividends will be exempt from paying income tax for 3 years.
According to the amendments to the Tax Code, such a tax regime will be provided for 2023-2025. SMEs will be able to pay accrued income tax until the 25th day of the month following the month in which dividends were paid, including in the form of shares or participation interests, from income received for tax periods 2023-2025 inclusive. The amount of income tax payable from the income tax accrued for the tax periods 2023–2025 inclusive, determined by applying a conditional coefficient to the amount of income tax for the relevant tax period, it will take into account the amount of distributed dividends before withholding income tax and the total amount of net profit for which dividends are paid. Individual enterprises, peasant farms, residents of free economic zones, Giurgiulesti port and Marculesti airport, as well as companies engaged in insurance or financial activities will not be able to use this regime. // 05.01.2023 — InfoMarket.
