Law no. 3/2022, of 4 January, was recently published, which introduces the regime for the extinction of tax benefits by offsetting with tax credits, at the initiative of the taxpayer.
The new regime for the extinction of tax benefits through credit compensation, which takes effect on July 1, 2022, is applicable to the following taxes: IRS, IRC, VAT, Special Consumption Taxes, IMI, Additional to IMI, IMT, Stamp Duty, IUC and ISV.
TELLES Tax team prepared a summary.