Last days to review MDRs for pandemic period and complete outstanding reporting
30 August is already the deadline for reporting all so-called domestic tax schemes (MDRs) for the pandemic period.
Hence, this is really the last moment to do a brief and effective review (screening) of the activities undertaken in the company during the pandemic period – from the perspective of identifying potential tax schemes to report and reporting potential tax schemes.
This is all the more so because, from our observations, so far few companies have performed such a screening and reported activities that meet the prerequisites to be considered MDR, and a delay in completing the reporting may result in severe penalties under the Fiscal Penal Code (Fiscal Code).
Therefore, if you are interested in such MDR screening, as well as support in the actual process of reporting the identified schemes, please contact us – our internal MDR team remains available.