Portugal’s forgiveness schemes for interest and fines on debts are ‘inherently unfair’ says tax boss

Of the 90,000 taxpayers who joined the Special Program for Reducing State Debt (PERES), 10,000 had debts considered to be uncollectible, as they had no assets or income that enabled the tax authority to recover debts.

This number was reported to parliament on Tuesday by the Secretary of State for Fiscal Affairs at a hearing on the impact to the State of tax forgiveness programmes and the extraordinary revaluation of assets by companies.

———–

© algarvedailynews.com

The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.

——————-