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AGT and Business Associations Address Tax Challenges and Implement Corrective Measures

  • AGT met with business and accounting associations to address key tax challenges and define short
  • and medium-term corrective measures.
  • Main topics included NIF suspension, electronic invoicing, VAT refunds, inventory file submission, ongoing audits, and motor vehicle tax database updates.
  • 72% of registered companies had inactive NIFs due to non-compliance; automatic reactivation will occur within 30 days after regularization, with no new suspensions during this period.
  • No penalties for electronic invoicing non-compliance until March 15 for those regularizing submissions; over 28,000 taxpayers have joined the system.
  • Announced improvements in VAT refund systems, taxpayer portal litigation, motor vehicle tax registration, and exclusive service counters for accountants; AGT reaffirmed its commitment to dialogue, modernization, and taxpayer service.

Source: facebook.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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