 PAYMENT INSTALLMENT - SOLUTION FOR THE TEMPORARY LIABILITY OF MONEYAnnals - Economy Series, 2020, vol. 1, 55-60 Abstract: 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. Keywords: staggering; graph; installments; increases; penalties; guarantee (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2020:v:1:p:55-60 Access Statistics for this article More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC. |
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