The Ministry of Economy and Finance (MEF) today announced, through a notice, the postponement to October 1, 2026 of the entry into force of the 15% withholding tax provided for in Article 3 of the amending budget for fiscal year 2025-2026.
According to the Ministry, this deadline will allow for the finalization of technical adjustments related to the progressive scale of personal income tax and the tax treatment of salary and similar remuneration.
Deferral includes premiums, fixed expenses, allowances, periodic allowances, unused leave allowances and overtime. The MEF points out that this measure is effective as soon as the opinion is published and reaffirms its willingness to continue reforms aimed at making the tax system fairer, clearer and more effective.
