Recovering the VAT on bad debts is possible when: 1.  it is acknowledged in enforcement proceedings that there are no seizable assets; 2.  an insolvency decree is made and the classification which is conferred is limited in character or after the approval by resolution of the creditor’s meeting at the liquidation stage; 3.  they are…

The aim of this text is to inform the reader about how the seizure of bank account balances will be processed in the wake of Ministerial Order No. 282/2013, of 29 August (hereinafter the “Ministerial Order”), as previously it was considered a lengthy and relatively inefficient process. Currently, under the terms of the Ministerial Order,…