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The Order In Which Overdue State Budget Should Shrink The Tax Charges A Previously Calculated Late And Any Irrevocable Decision On Overdue Tax Payment Deadline Extension

Original Language Title: Kārtība, kādā nokavētajiem valsts budžetā ieskaitāmajiem nodokļu maksājumiem samazināma iepriekš aprēķinātā nokavējuma nauda un kādā atceļams lēmums par nokavēto nodokļu maksājumu samaksas termiņu pagarināšanu

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Cabinet of Ministers Regulations No 221 Riga, July 4, 2000 (pr. No 30 20) procedures for overdue State budget should shrink the tax charges a previously calculated late and any irrevocable decision on overdue tax payment term extension Issued in accordance with the law "About taxes and duties" of the transitional provisions of paragraphs 24 and 25 i. General questions 1. These rules determine the order in which the Ministry of Finance: 1.1. reduce late for those taxpayers who paid the overdue State budget in favour of tax payment as well as individual income tax payment of the principal sum and the associated increase in the principal sum of money;
1.2. the repealed decision on overdue State budget included a tax extension and pay period previously calculated the delay reduction, if the undertaking (company) or to be funded from the budget of the authority. 2. a decision on reduction of the delay and the decision on the overdue State budget included a tax payment term extension of the abolition of the Ministry of Finance based on the Minister of Finance created inter-ministerial Commission (hereinafter the Commission) recommendation. 3. the Commission and the Commission's Charter, approved by the Minister of finance. The Commission is composed of the Ministry of Economy, Ministry of Finance, Ministry of welfare, the Ministry of transport, environmental protection and the Ministry of regional development, Ministry of agriculture, the State revenue service and representatives of the privatisation Agency. II. Procedures for overdue tax payments reduced the previously calculated late 4. Ministry of Finance shall consider the question of delay reduction qualities if the taxpayer shall submit an application in the Ministry of finance, which shall specify: 4.1. characterisation of the taxable person (authorised capital, owners, management, number of employees);
4.2. all overdue tax payments;
4.3. the causes of debt, as well as the economic and organisational measures taken to pay tax debts and prevent it. 5. the application shall be accompanied by the following: 5.1. tax registration certificate (copy);
5.2. the previous year's report and the auditor's opinion on the examination of the annual report (copies) (to be financed from the budget of the Authority submitted the previous year's report about the Authority's revenue and expenditure (copy));
5.3. the current year's balance sheet for the previous quarter (to be financed from the budget of the Authority submitted in the previous quarterly report on the estimates of revenue and expenditure);
5.4. current year previous quarter's profit and loss account;
5.5. customer and vendor lists, specifying the amounts of money concerned;
5.6. the State revenue service territorial authorities or the large taxpayer tariff issued by the Administration that the tax forms contains all the overdue tax payments (principal sum, the increase demanded unless the money late) on the application of the first date of the month, as well as the overdue State budget in favour of the principal sum of tax payments, the principal sum of money and delay the increase of cash on 1 October 1999, with the principal sum demanded unless related to the increase of cash and cash to delay the application of the first date of the month (annex 1);
5.7. the Municipal Council (Council) decision, which confirms that the municipality agrees to reduce the personal income tax-related delay. 6. the application of these provisions and all documents referred to in paragraph 5 of the Finance Ministry received 30 days prepare a matter to the Commission. 7. If the submitted information is not sufficient for the adoption of the decision, the issue is deferred and the Ministry of finance requires a recommendation from the Commission, the applicant for additional information. 8. the Ministry of Finance on the basis of a Commission recommendation, take the decision, which contains the principal sum and the current increase demanded unless the sum of money (tax) the taxpayer must pay a prescribed period, which shall not exceed 90 days, and shall forward this decision to the taxpayer, as well as relevant national revenue service territorial institution or large tax payer administration control. 9. Ten days after the expiry of the period laid down in the decision of the State revenue service territorial institution or large taxpayers shall submit to the Ministry of finance in the Government statement, which describes how the taxpayer has complied with the obligations set out in the decision (annex 2). 10. the Ministry of Finance, on the basis of this provision of the certificate referred to in paragraph 9:10.1 reduces the delay calculated above to 100 percent, if the taxpayer's obligations set out in the decision are fulfilled;

10.2. reduces the calculated above late according to the fulfilment of the interest if the taxable person has paid the prescribed period by more than 50 percent of the overdue decision in favour of the Government in the payment of the principal sum in taxes, which make up the 1999 October 1, and the corresponding increase in the principal sum of money. 11. the Ministry of Finance shall inform the Commission and the State revenue service for tax payers, which reduced a previously calculated the delay. III. Overdue State budget included a tax payment (payment deadline is extended by a decision of the Ministry of Finance) of 12. surveillance of implementation of State revenue service controlled by the company (the company) accomplishment of obligations article, which delayed the State budget should include the tax payment due date has been extended with Finance Ministry decisions taken up to 31 December 1999. 13. The State revenue service for each calendar quarter to the 15th date of the month submit to the Ministry of finance in relation to the article the appropriate statement to show how the company (the company), which delayed the State budget should include the tax payment due date is extended, to comply with their obligations — pay overdue tax payments. 14. the Commission addressed in quarterly results of the implementation of the article. 15. If the company does not carry out (the company) in accordance with the commitments payments article, the Commission shall examine the issue of the decision on the overdue State budget included a tax extension and pay the delay reduction. 16. the Ministry of Finance on the basis of a Commission recommendation, repealing decision on overdue State budget included a tax extension and pay the delay reduction. The decision by the Ministry of Finance within 10 days written notice to the State revenue service, the operator of privatisation and the undertaking concerned (for the company). IV. Closing questions 17. Ministry of Finance on the basis of a recommendation from the Commission, shall take a decision on the previously calculated the delay reduction of up to 100 percent, if the taxpayer has complied with the obligations laid down in the recommendation of the Ministry of finance decision, taken up to 31 December 1999. 18. If the company (the company) in favour of the State budget overdue tax payment due date is extended by the decision of the Ministry of finance, and this extension is made during a State budget in favour of the principal sum of tax payments, the Ministry of Finance of the capitalization after capitalised tax payment of the principal sum delete cancels the decision on the overdue State budget included a tax extension and pay the delay reduction or by specifying the obligations of receiving that decision shall be made accordingly. 19. Be declared unenforceable in the Cabinet of Ministers of 4 April 2000, the Regulation No 130 "procedures for overdue State budget should shrink the tax charges a previously calculated late and any irrevocable decision on overdue tax payment term extension" (Latvian journal, 2000, 125./126.nr.). Prime Minister a. Smith financial Minister g. Smith annex 1 Cabinet on July 4, 2000, regulations no 221 financial Minister g. Smith annex 2 Cabinet 4 July 2000 the regulations no 221 financial Minister g. Smith