PAYMENT INSTALLMENT - SOLUTION FOR THE TEMPORARY LIABILITY OF MONEY
The payment installment is an agreement between the debtor taxpayer and the tax authorities establishing that the amounts owed are to be paid within a period between 6 and 60 months, with monthly installments. The purpose of the staggering is to help the entities that are in financial difficulty t...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Academica Brâncuşi
2020-02-01
|
| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2020-01/08_Ciumag.pdf |
| Summary: | The payment installment is an agreement between the debtor taxpayer and the tax authorities establishing
that the amounts owed are to be paid within a period between 6 and 60 months, with monthly installments. The purpose
of the staggering is to help the entities that are in financial difficulty to overcome this moment and to continue their
activity. Also, the fiscal body collects debts from the taxpayer, monthly, without any other expenses. The debtor benefits
from the payment exemption of the delay penalties if the scheduling schedule is respected. The delay increases are
paid, monthly being included in the installment rates. In order to benefit from staggering the debtor constitutes
guarantees in the form of money means, insurance seizure on the goods or gas contract or mortgage in favor of the
fiscal body. The main condition for maintaining the validity of the payment installment is the declaration and payment
of the tax obligations with payment terms starting with the date of the communication of the staggering decision, except
in the case in which the payment scheduling is requested. During the period for which they were granted payment
installments, interest is currently due of 0.02% for each day of delay. |
|---|---|
| ISSN: | 1844-7007 1844-7007 |