Initiation phase:during this first phase. The debtor receives a notice of urgency order from the tax .Agency in which the terms to pay and the corresponding surcharges are defined. If the order of enforcement is received between the 1st and the 15th. The tax debt may be settled until the 20th of the same month and if it is received during the second half of the month.The amount owed may be paid until the 5th of the month. Next month. Those obligated to pay who want to finalize the procedure.
Avoid having to settle late-payment interest will have to pay
The full amount of the debt and the reduced 10% urgency surcharge. In the event. That the debtor continues without paying once the deadlines indicated in the ruling have elapsed. The amount of the debt will suffer an increase of 20%.
Processing phase: if the debt is still not paid. The tax agency Phone Number List may execute the guarantees provided by the taxpayer or seize the assets. (including real estate) and the debtor’s rights to later. Collect the debts by executing them through a public auction. A direct award or a contest. In this phase, the executive period begins. Period/time period during which late-payment interest .And the costs incurred by the tax administration due to the collection procedure must be paid.
Termination phase: the enforcement procedure can end in three different ways.
– if the outstanding debt is settled.
In the event that the amount owed is declared
uncollectible in whole or in part. The procedure will be terminated. Finally. The debt is extinguished by agreement. This does not mean that the tax agency is going to forget about the money owed. To it as if the thing were not with it.Since if the debtor is again considered solvent during the prescription period, the procedure will be resumed.
– the last option consists of the debt being extinguished USA CFO through an agreement. Between the taxpayer and the public treasury. In the event that the debtor sends. A request for deferment of the tax debt.The administration will not be able to initiate the enforcement procedure until it has analyzed and responded to your request.