On 11 September 2026, the State Tax Inspectorate issued an amendment to the commentary on Article 100, Parts 1 and 2 of the Law on Tax Administration (MAĮ). The update, based on Article 12 of the MAĮ, clarifies the procedural rules for offsetting tax overpayments against outstanding tax liabilities, including interest and penalties. The revised commentary addresses practical issues arising from recent court decisions and aims to ensure uniform application by tax officers.
Key Takeaways
- Automatic Offset Mechanism: The commentary confirms that tax overpayments are automatically offset against the oldest outstanding tax debts, unless the taxpayer requests otherwise in writing.
- Interest Calculation Clarity: Detailed guidance on calculating interest on overpaid amounts during the offset period is provided, referencing the statutory interest rate.
- Cross-Tax Offsets Permitted: The amendment explicitly allows offsets between different tax types administered by VMI, facilitating taxpayer cash flow management.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement