The SRI will auction vehicles seized for tax debts – 2024-08-05 07:36:18

by times news cr

2024-08-05 07:36:18

In August 2024, the IRS will auction off vehicles seized from taxpayers who owe taxes if they do not pay their debts before that date.

He Internal rents service (SRI) exhibited 23 vehicles seized from taxpayers who have debts with the tax administration. The vehicles will be auctioned in August 2024, said Damian Larcodirector of the institution, on July 9, 2024.

Larco added that the administration will proceed with the auction if the vehicle owners do not pay their debts by July 31.

In addition, the director of the SRI He reported that coercive actions are being carried out permanently throughout the country to collect taxes owed to the treasury.

In total they are 92 vehicles seized throughout Ecuador. These are held in a fiscal depository until the time comes for their auction or for the payment of obligations by the owners.

Avoid the seizure of assets by paying debts to the SRI with remission

Larco also noted that the taxpayers They can prevent their assets from being seized or embargoed by catching up on their tax obligations and paying any debts they have with the IRS.

Remember that taxpayers who have debts with the tax administration can benefit from the forgiveness or remission of interest, fines and surchargespaying only the capital value, until July 31, 2024.

Larco stressed that even those taxpayers whose assets have been seized or embargoed can benefit from the remission paying their debt within the specified period. In this way, their coercive procedures will be archived. This implies that their sequestered, prohibited from alienation or embargoed assets will be returned to them. All precautionary measures weighing on the debtor and its responsible in solidarity. The remission of interest, fines and surcharges is contemplated in the Organic Law on Economic Efficiency and Job Creation. This applies to outstanding tax obligations generated until December 31, 2023, except for the 2023 income tax. According to SRI data, about 1,000,000 have been collected. 300 million of dollars from January to June 2024 by remission. The amount corresponds to 42% of the 700 million dollars initially projected by the Government. So far, around 600,000 taxpayers have benefited, of which 70% are societies and 30% natural persons.

By: EL COMERCIO

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