Post by account_disabled on Dec 2, 2023 7:24:02 GMT
The reduced late payment interest rate is of the interest rate currently . and may be applied after two conditions are met Submitting a legally effective correction of the declaration no later than months from the date of expiry of the deadline for submitting the declaration. Payment of tax arrears within days from the date of submission of the correction. Example Mr. Ignacy is an active VAT payer and settles his accounts with the tax office on a monthly basis. In the settlement for the month of June he incorrectly entered one purchase invoice which he realized in December.
On the same day he submitted a JPKV M correction and paid the tax difference on December . In this case Mr. Ignacy will charge default interest from July July deadline for submitting JPK for June to December photo editing servies in the amount of . . Increased late payment interest The Tax Ordinance Act also lists cases in which an entrepreneur will pay increased interest for delay. This applies to VAT and excise tax liabilities. The increased interest rate for late . . Increased late payment interest applies in the following cases: Understatement of tax liability, overstatement of overpayment or tax refund disclosed by.
The tax authority in the course of a tax audit, customs and tax audit or tax proceedings. Submitting a correction of the declaration after initiating a tax audit customs and fiscal audit as a result of verification activities – if the amount of understatement of tax liability, overstatement of overpayment or tax refund exceeds of the amount due and is higher than five times the amount of the minimum wage. Disclosure by the tax authority in the course of inspection activities tax inspection customs and tax inspection or tax proceedings of failure to submit a declaration despite the obligation and failure to pay tax.
On the same day he submitted a JPKV M correction and paid the tax difference on December . In this case Mr. Ignacy will charge default interest from July July deadline for submitting JPK for June to December photo editing servies in the amount of . . Increased late payment interest The Tax Ordinance Act also lists cases in which an entrepreneur will pay increased interest for delay. This applies to VAT and excise tax liabilities. The increased interest rate for late . . Increased late payment interest applies in the following cases: Understatement of tax liability, overstatement of overpayment or tax refund disclosed by.
The tax authority in the course of a tax audit, customs and tax audit or tax proceedings. Submitting a correction of the declaration after initiating a tax audit customs and fiscal audit as a result of verification activities – if the amount of understatement of tax liability, overstatement of overpayment or tax refund exceeds of the amount due and is higher than five times the amount of the minimum wage. Disclosure by the tax authority in the course of inspection activities tax inspection customs and tax inspection or tax proceedings of failure to submit a declaration despite the obligation and failure to pay tax.