Employers who do not apply for financial assistance to their employees will face penalties

Draft law for digital tokens and virtual currency is approved
May 22, 2020
Applications from entities for the extended financial assistance package will be accepted until June 5, 2020
May 29, 2020

The Council of Ministers through some additions and changes defined by the Normative Act no. 3, dated 15.03.2020 “On taking special administrative measures during the duration of the infection caused by Covid-19”, has decided that employers who do not apply for financial assistance to their employees to be fined with an amount of 50,000 ALL .

Specifically, the normative act stipulates that:

Failure to comply with the application by the subject (employer) of the employee or former employee who meets the conditions to receive financial assistance, during the period of natural disaster announced as a result of COVID-19, is punishable by a fine of 50 000 (fifty thousand) ALL “.

“Entities that have treated employees or former employees with full payment are not to be fined for not applying for financial assistance.”

Subsidized entities may exercise the right to appeal to the tax administration by submitting electronically via the e-filing portal, the reasons and / or reasons for non-application, no later than 30 (thirty) days from the date of communication of the fine. , according to the Code of Administrative Procedures.