Friday, September 23, 2016

Fisco forced to suspend 1.210 sales of buildings seized – Jornal de Negócios – Portugal

The Tax and Customs Authority (AT) has suspended 1.210 sales of real estate properties that were seized for debts to the Tax authorities, but that they were the dwellings of the respective owners, and their families. The numbers, revealed to the Daily News by the AT, count up since May of this year, the date of entry into force of a new law that came to protect the dump these taxpayers.

according To the new rules, reminds the newspaper, the existence of debts to the Tax authorities continues to allow the building to be seized, but it can no longer cause the same to be sold. In practice, it is pawned, but the owner and the debtor remains as the trustee, and can continue to reside.

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