26.08.2024 Interest rate levied on suspension of payments unconstitutio ... The Supreme Tax Court believes that interest of 0.5 percent per month levied in the event of suspensions of payment is unconstitutional. This interest is charged if an appeal against a tax assessment is unsuccessful, and the tax office therefore no longer grants a stay of execution. The Federal Constitutional Court is now asked to deal with the preliminary request and provide its final opinion. Categories: Supreme Tax Court casesKeywords: suspension of payment, statutory interes ...
10.06.2020 Covid-19 Italy: Postponement of suspended tax payments Prepared by Alessandro Caridi and Flavia Barone Categories: From EuropeKeywords: Coronavirus (COVID-19), suspension of pa ...
22.05.2018 Statutory interest rate levied on late payment of taxes no l ... The Supreme Tax Court has serious doubts as to the appropriateness of the current fixed rate of interest on late payments which is levied at a rate of 6 per cent per annum. This is especially relevant when considering the generally low interest rates level which have been charged in the market for some considerable time. Categories: Supreme Tax Court casesKeywords: Interest rates, suspension of payment, s ...
