For this purpose it is essential to provide evidence of an existing objective event which may show debtor insolvency, namely the loss certainty (outcome report).
If unsuccessful debt recovery occurs, DCE draws up an “outcome report” where describes precise and certain elements of uncollectable assigned debt necessary for loss recording.
After the circular of Minister of Interior no. 557 / PASS / 6909 / 12015 of 10th January 2011 providing relevant explanations about main aspects of the debt recovery on behalf of third parties pursuant to article no. 115 TULPS, also the Tax Agency issuing the circular no. 26/E of 1st August 2013, has provided some explanations concerning the applicable tax treatment to be implemented in new cases of losses on deductible receivables recognizing the negative outcome report issued by the Agencies, having probative value needed for the above-mentioned deductibility.
Such circular is a further institutional recognition of the activity carried out by those debt recovery agencies and equating de facto the document issued by the lawyers attesting the objective insolvency of the debtor with the negative outcome report pursuant to article no. 115 TULPS.