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HomeLatest NewsDebts with the Treasury of up to 50,000 euros can be divided...

Debts with the Treasury of up to 50,000 euros can be divided or deferred

Date: April 1, 2023 Time: 16:18:28

The Ministry of Finance and Public Function will increase the limits exempt from the provision of providing guarantees in requests for postponement or fractioning of tax debts from 30,000 to 50,000 euros. This is clear from the draft order submitted to the hearing and public information process, collected by Europa Press, which provides for the entry into force of the rule on April 15, 2023.

According to the Department headed by María Jesús Montero, the purpose of this order is to maintain the ultimate purpose of the exemption provided, granting facilities for the fulfillment of its obligations in the face of possible economic and financial difficulties of a transitory nature and expediting the management procedure for these requests. by promoting its automated management.

Faced with the “difficulties” caused by the crisis

All this taking into account the current economic context derived from both the Russian invasion of Ukraine and the supply shock that the European economy has been suffering associated with the escalation of energy prices, which have favored a price increase that generates “huge difficulties” in domestic economies and economic sectors, without forgetting that the effects of the pandemic crisis caused by Covid-19 are still lingering.

Based on this context, the Ministry of Finance believes that the current limit of 30,000 euros “denotes a certain obsolescence”, for which reason it considers it necessary to update such importation, raising the limit of the exemption from the obligation to provide guarantees to 50,000 euros.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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