The State Tax Service explained the process of writing off debts from citizens' bank accounts and electronic wallets.
The essence of the debt write-off procedure is that the tax service can deduct unpaid amounts recognized as tax debts from the taxpayer's bank account or electronic wallet through the bank. This occurs if the debt has not been settled within the established deadlines.
If you have not fulfilled your tax obligations on time, the tax service has the right to deduct the necessary amount directly from your account and credit it to the budget.
It is important to remember the following points:
The write-off is only possible if there is a confirmed debt.
The procedure begins only after 30 days from the moment the taxpayer receives a notification of the debt and the expiration of the deadline for voluntary compliance with obligations.
According to the Constitution, every citizen is obliged to pay taxes, and measures for debt collection serve to ensure the fulfillment of this obligation.
What is meant by recognized tax debt?
Debt recognized by the taxpayer includes amounts that:
– are indicated in tax reporting;
– are accrued by tax authorities and not disputed within the established deadlines;
– are confirmed by a court decision that has entered into legal force;
– are directly acknowledged by the taxpayer through a submitted application.
The article "The Tax Service of Kyrgyzstan explained the write-off of debts directly from citizens' bank accounts and electronic wallets" was published on K-News.
