Late Tax Payment
The penalty for late payment of tax is 5% of the tax due if paid within 5 days of the deadline, 10% if paid between 5 and 90 days, or 20% if paid more than 90 days after the deadline. In addition a surcharge of 1% per month on the tax due is imposed.
Tax Fraud
If tax is unpaid due to fraud, a penalty of up to 15 times the tax due will be imposed.
On 21 March 2023, the French Senate approved the draft law for the ratification of the pending social security agreement with Serbia. The agreement...
Austria's Ministry of Finance has published the synthesized text of the 2010 tax treaty with Hong Kong as impacted by the Multilateral Convention t...
Italy published the Decree of 28 February 2023 from the Ministry of Labor and Social Policies in the Official Gazette on 18 March 2023. The decree...
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