Friday, October 7, 2016

“There is no forgiveness tax. Who should you will have to pay” – Diário de Notícias – Lisbon

António Costa reinforces what already yesterday was guaranteed in a statement

The first-mistro said today that “there will be no forgiveness tax”, ensuring that the goal is to create conditions so that companies can pay, but “no pardon for what must”.

“The State has taken an important step to relieve the pressure of the tax debts of many companies with respect to Social Security and the Tax Administration. It’s not about any tax relief, because who should you will have to pay what they should,” said Antonio Costa, during the initiative COMPETES-2020 Operational Programme for Competitiveness and Internationalisation, which took place in Montijo.

The Council of Ministers approved on Thursday a special regime to reduce the tax debts and Social Security, and the taxpayers be exempt from interest if they pay the entire debt or benefit reductions if you opt for payment in instalments.

The prime minister clarified that the goal is to create conditions so that viable companies can afford without compromising the development of its activity.

“Can you make up to 150 benefits only free of interest and without court costs, but without forgiveness of what we should”, he defended.

António Costa added that the duty of contributing to the Social Security and pay taxes “is a duty that can not be negotiated and can’t be forgiven,” referring that “it is a duty of citizenship” and that all must comply with their obligations.

in A statement released yesterday to the beginning of the night, the Government already had denied an alleged “tax relief” and claimed that “companies and individuals will have to pay all the taxes owed,” and that “the companies and individuals who adhere to this plan can only pay benefits, and to have an exemption of interest rates of the debt and the costs of the proceedings”.

This morning, the deputy of the CDS Cecília Meireles referred to the measure as “tax relief”.

“we Did a very simple question: was whether this tax relief applies or not to the taxpayer Company and the debts of the taxpayer Company”, underlined the centrist Cecília Meireles, in press conference in the parliament today.

In the case of the special regime to reduce the tax debts and Social Security, which was approved on Thursday by the Council of Ministers and that allows contributors to become exempt from interest if they pay the entire debt or benefit reductions if you opt for payment in instalments, which can go up to 150 monthly installments.

This scheme applies to taxpayers that have tax debts and contributions that have not been paid within the normal time limits, that is, until the end of may 2016, in the case of the debts to the Tax authorities, and by the end of December 2015, in the case of the debts to the Social Security and the taxpayers to join the program until December 20.

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