Quinquies 2026: Debts, Interest, and Penalties Explained
Understanding the 2026 Budget Law’s Fiscal Peace Provisions
Table of Contents
Published October 22, 2025
new Fiscal Peace Measures: “Scrapping Quinquies”
A key component of the 2026 Budget Law, approved by the Council of Ministers on October 17, 2025, is the introduction of “Scrapping Quinquies.” This initiative aims to provide taxpayers with a pathway to regularize outstanding tax liabilities.
Debt Eligibility and Enrollment
The specifics of which debts are eligible for inclusion in this fiscal peace agreement are currently being detailed. The law outlines methods for taxpayers to participate and benefit from the regularization process.
Payment Terms and Penalties
Taxpayers accepted into the program will have the option to settle their debts through installment payments extending until 2035. A significant benefit of “Scrapping quinquies” is the cancellation of penalties and interest accrued on the eligible debts, offering substantial financial relief.