5 Minute News

Determination of Procedures for Sealing Businesses with Tax Debts

April 19, 2026

Procedures for sealing businesses that owe taxes are expected to be finalized soon, aiming for stricter penalties. Businesses will be sealed if they fail to submit at least two tax returns or have debts over €20,000. The implementation of these new measures has been delayed due to external factors but is planned for the summer. There is collaboration between the Tax Department and other authorities regarding the share seizure process. Taxpayers are preparing documents to ensure legal coverage in case of lawsuits.