On 4th January 2022, Law 3/2022 was published in the Republic Diary, establishing the regime of extinguishment of tax payments by offsetting against tax credits, by the taxpayer’s initiative. The regime establishes in its rules which taxes fall within its scope, as the offsetting request is made by an application addressed to the Tax Authority, which will have to pronounce in 10 days, with tacit approval in case of silence.
