Bill on about tax reform has been approved

The main objectives of the reform of the Tax Code are to enhance the fight against fraud, reduce conflict and increase the legal certainty of tax rules.

Fight against tax fraud

Suppression of smuggling, strengthening the system of offenses and penalties in this area is expected.

A Draft Organic Law for access to information contained in the judgments on fiscal fraud is adjusted to allow the partial publication of final convictions for crimes against the Treasury and punishable insolvency and filed smuggling where either the creditor or that occur with injury to the Treasury.


Reduce conflict

The powers of the organs of the tax authorities to issue interpretative expanding or clarifying provisions binding.

It also provides for the development of formal regulatory obligations necessary to implement the IBS Project (Supply of Information Immediate), which will begin operations on January 1, 2017 in the Draft.

Immediate Supply Project Information Tax Agency will implement a new management system of VAT based on the real-time trading.

 

Increase legal certainty

New deadlines for the inspection procedure are set.

Measures to expedite the performance of the Economic-Administrative Courts and reduce litigation was approved by promoting the use of electronic means in all stages of the process and improving the regulation of the procedures.

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