Value Added Tax Act (VAT)

Art. 98VAT from 2020

Art. 98 Infringement of procedural obligations

Any person who wilfully or negligently:

a.

does not register as a taxable person;

b.

despite being issued with a written demand, does not submit a tax return on time;

c.

does not declare the tax in the right period;

d.

does not provide security properly;

e.

does not keep, complete, retain or present books of account, vouchers, business documents and other records properly;

f.

despite being issued with a written demand, does not give or gives false information, or does not declare or declares incorrectly the data and goods necessary for the tax imposition or for review of the tax liability;

g.

details on invoices VAT that is not payable or is not payable in the amount stated;

h.

by quoting a register number, falsely claims to be entered in the Register of Taxable Persons;

i.

despite being warned, obstructs, hinders or makes impossible the proper performance of an audit;

shall be liable to a fine unless the offence carries a higher penalty under another provision.