JPP calls on the Government of António Costa to create mechanisms to control IRC – The Economic Journal

JPP calls on the Government of António Costa to create mechanisms to control IRC - The Economic Journal


The JPP will recommend to the Government led by the prime minister, António Costa, to create a mechanism for more effective control of the delivery of Annex C of the Model 22 Declaration on IRC.

"We believe that it should be mandatory to fill Annex C in Model 22 of the corporate income tax return, in order to avoid losses to the own income of the autonomous regions," explained Carlos Costa, MP of the JPP, on the initiative that the party will take the discussion in the Legislative Assembly of Madeira.

Failure to complete this document, clarifies Carlos Costa, means that the tax revenue "stays in the State instead of being distributed" by the Autonomous Regions.

The JPP recommends that the Government of the Republic, through the Tax Services Directorate, "create the necessary mechanisms", where in a situation in which Annex C is not delivered, the declaration becomes invalid.



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