Insights · 15 September 2018

The tax amnesty

The Perdonazo Tax is a regulation that focuses on two specific items, which require a basis in tax law in order to understand in a holistic scale. Therefore, here we summarize the key points of the same:

Generically, can benefit from this standard all taxpayers, whether natural persons or legal entities, that have tax liabilities for periods prior to September 28, 2018.

TAXPAYERS WITH TAX DEBTS

This first category is reference to any person, natural or legal, that has debts for the crime of fraud tax or customs contraventions of evasion or omission of payment. The perdonazo states that people that fit this category can acquire the tax benefits through cash payment or by payment facilities.

For the cash payment there are two opportunities to do so, accepting the benefits of this body of law.

If you decide to avail of this rule until 30 November 2018, will pay cash tribute omitted, the maintenance of value and fines with a reduction in the punishment of the 95% plus pay no interest or penalties for breach of formal duties (IDF).
If you choose to avail of this standard on or after November 30, 2018 and on or before 28 February 2019, they have to pay cash tribute omitted, the maintenance of value and of fines with a reduction in the punishment of the 90% of the fines. However, if they have to pay interest and penalties for breaches of formal duties (IDF).

For payment by payment facilities, there is only one option.

Will be able to benefit from this rule, those applying to the 28 February 2019 and must pay the tribute omitted with a reduction of 80% of the fines for the violation, and the fines resulting from the process of determination.

Those who keep debts for reasons different to those applicable to the first category can also benefit from the reduction of 90% for payment by cash or with a reduction of 80% for payment facilities.

TAXPAYERS WITH TAX DEBTS

In the case of taxpayers that the September 28, 2018 were paying tax debts or fines by payment facilities, will be able to cancel the balance due with a reduction of 80% or, if the balance is paid in cash, you get a reduction of 95%.

TAXPAYERS WITH DEBTS IN DISPUTE PROCESS

In the case of taxpayers that maintain tax debts or fines in the process of contesting a tax, whether administrative or judicial, may also qualify this statement as appropriate; however, they must previously submit your withdrawal.

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