Tax Debt Collection: Challenging Penalties and Suspension Rights
Is the procedure of collecting bodies fair? The deadline to file for voluntary self-assessment by the income tax of 2005 ended on June 30, 2006. According to Article 161.1 b), where the debt is entered in reverse, the executive period starts on July 1, 2006. From that moment, interest begins to accrue for late payment (Article 26).
On September 25, 2007, a spontaneous and extemporaneous declaration (DZ) was made, which incurs the surcharges provided for in Article 27 LGT. Given that, under paragraph
Read MoreCorporate Transactions: Taxable Events and Exemptions
Operations Subject to Tax
A) Constitution of Society
The taxable event is the constitution of the society.
Taxable income is the nominal amount of social capital (K).
Tax rate: 1%
Taxpayer: A corporation incorporated.
B) Increase in Capital
The taxable event is the increased capital of the company.
The tax base is the nominal amount of expanded capital (K).
Tax rate: 1%
Taxpayer is a company whose capital (K) expands.
C) Capital Contribution
The taxable event is the contribution that does not increase the share
Read MoreCustomary International Law vs. Domestic Law: A Comprehensive Analysis
Conflict Between Customary International Law and Domestic Law
As we have seen, the reception of customary international law into domestic law has been a major constraint. This constraint, for most countries, is rooted in the primacy of international law at the domestic level, even if its provisions are or seem contrary to domestic law. Only the German constitution explicitly establishes the principle of international law’s primacy over contrary domestic law.
Jurisprudence and legal scholars suggest
Read MoreVAT, Property Transfer, Usufruct, and Bare Ownership
Defining VAT
There is a relationship of mutual exclusion between onerous capital transfers and VAT.
Deliveries of goods by entrepreneurs in the course of their business are taxed at the VAT as an exception in the field of real estate transactions: The transfer, lease, and use and enjoyment relating to real property under the tax exemption are transmissions subject to onerous.
Unlike VAT, there is no expensive transmissions tax impact nor deduction of tax paid at the last purchase.
Example: If you buy
Read MoreCompulsory Contributions: Taxes, Fees, and Special Levies
Compulsory Contributions: A Legal Concept
Compulsory contributions are a legal concept and a source of public revenue. They consist of economic payments required by a Public Administration (PA) when a set of conditions are met, for which an Act of Parliament established the obligation to contribute. Their primary aim is to obtain the resources needed to finance public expenditure. Apart from financing public expenditure, compulsory contributions could serve as an instrument of general economic
Read MoreContract Management and Supply Contracts in Public Services
Implementation of Contract Management Services
General Obligations of the Contractor:
- Provide the agreed service continuity and guarantee individuals the right to use it under the established conditions and through the payment, if any, of the economic consideration, falling within the approved rates.
- Ensure the good order of service; may issue the appropriate instructions.
- Compensate for damage caused to third parties as a result of the operations required for the development of the service, except