Last day of the period

According to the law you are obliged to calculate and pay the tax yourself. The tax payment deadline is determined by the provisions of the personal tax law. If tax regulations provide for such meaning You are also obliged to file your tax return within these deadlines. The tax deadline is considered to be the date when the tax is paid in cash at the cash desk of the tax authority or to the account of the tax authority in a bank post office cooperative savings and credit union or the date when the tax is collected by the payer or payee in a noncash manner.

The date on which the transfer instruction is debited from the taxpayers bank account Cape Verde Email List or the taxpayers account at the Cooperative Savings and Credit Union. Note Tax arrears arise if you fail to pay your taxes within the specified period and you are obliged to calculate and pay interest on the arrears without prior notice. If the last day of the period falls on a Saturday or a public holiday then the is deemed to be the day following the rest day. Record Keeping.



You are obliged to retain all tax documents bills invoices tax books documents related to the collection or collection of tax etc. until the statute of limitations for tax liability has expired. The statute of limitations is the year after the end of the calendar year in which the tax period expires. In certain cases the limitation period may be suspended for example from the date of the decision to pay tax in installments from the date of opening proceedings in a case of fiscal crimes or fiscal misdemeanors or interrupted for example as a result of enforcement measures.