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The Treasury will waive off outstanding loans below this amount

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Good news for those who have Outstanding debts with treasury. Late payments with State Tax Administration Agencyless than three euros on 1 June 2022, shall be null and void According to the joint resolution of the general intervention of the General Directorate of State Administration and Tax Agency, published on Tuesday in the Official State Gazette (BOE).

In the aforesaid resolution, which shall come into force fifteen days after its publication in the BOE, The cancellations are accepted and are unsubstantiated in the accounts All liquidations in which a debt of less than three euros is pending, in respect of which collection management will not continue for “strict financial” reasons, because Its amount is “insufficient” to cover expenses which represents your collection.

Why would the Treasury forgive less than three euros of debt?

According to the State Intervention and Tax Agency, the motive behind this is nothing but to avoid collection actions. “No profit” for public exchequer. or for carrying out purposes entrusted to public administration. “This is a case of liquidation whose levies cost more than the resources that could potentially be obtained,” he stresses.

For all this, Cancellation and approval are void All those liquidations related to public law resources of the State Public Treasury collected by the State Tax Administration Agency, from which a debt of less than three euros results in a pending collection.

Source: lainformacion.com

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