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Company / Laws

Who can defer tax payments

Legal advice 09.08.2019 at 09:51

Legal advice

Changing the tax payment deadline is agreed with the fiscal authority for deferment or installment payments. Officials have provided few situations in which last date of payment, by law, compulsory for all, can be changed. The article will explain what is the change in the tax payment deadline and how to apply to FNS for a change of payment dates fiscal payments. What it Literally all economic entities are taxpayers, and this means that almost every citizen, entrepreneur or company is obliged to accrue and pay the tax to the state budget. If an entity has delayed payment date will either not list the full amount of money, then the tax authorities will issue a fine. In addition to the fine, on the unpaid amount will accrue interest and will put the requirement to repay arrears.