THE PENALTY FOR NOT DECLARING THE MAIN TAX LIABILITY ACCORDING TO THE FISCAL PROCEDURE CODE. LEGAL REGIME
THE PENALTY FOR NOT DECLARING THE MAIN TAX LIABILITY ACCORDING TO THE FISCAL PROCEDURE CODE. LEGAL REGIME

Summary/Abstract: The lack of payment of the main tax liability at the due date triggers the accessory tax liabilities related to it, which have the following forms:(fiscal) interest, delay penalties, missing statement penalties, delay increases.The missing statement penalty has been instituted quite recently, starting with January 1st 2016, being enforceable in the specific situation in which the main tax liability is not declared/is incorrectly declared. It will represent the subject of the current analysis, aimed at describing the legal regime of it, but also at differentiating it from the delay payment, by excluding one another. The documents upholding this liability are represented by the legal norms allocated to it by the Fiscal Procedure Code 1, but also by the Order of the President of the National Agency for Fiscal Administration No. 3834/2015 on the approval of the procedure for the establishment of accessory tax liabilities representing missing statement related penalties.

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