Article 21 empowers the President of the Authority to protect state revenue when tax collection is at risk. By obtaining an order from a judge of urgent matters, the Authority can impose a precautionary seizure on a taxpayer's assets, whether held by the taxpayer or a third party. Once notified, the taxpayer is prohibited from disposing of these assets. This measure serves as a safeguard against asset dissipation during an investigation or before a final assessment. Taxpayers and interested parties have thirty days to appeal the seizure order before a competent court to ensure judicial oversight.
SECTION 7 - TAX COLLECTION AND REFUNDS
Chapter 2 - Seizure of Taxpayer's Assets
Article 21
The President may, in cases where the collection of the tax is at risk of being lost, obtain an order from the judge of urgent matters to impose a precautionary seizure on the taxpayer's assets necessary to collect the tax and related financial penalties, whether in the possession of the taxpayer or others.
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