Information

The Roll is the list of debtors and the amounts owed by them prepared by the State Tax Department. The Taxing Authorities may enter in the Rolls what is within their competence if the debtor has not done so by the deadline provided for in the regulations. The Roll is an enforceable title as it relates to certain, liquid and collectible debts.

Payment of the Tax Bill

Payment of the Tax Collection Notice must be made no later than the terms specified therein. If the due date of the Tax Collection Notice coincides with a holiday, the last day to make payment is the first working day following the due date. For all purposes, Saturday, Dec. 24 and Dec. 31 shall be considered as holidays. Payment of the amounts entered on the Tax Roll must be made in the manner indicated on the Tax Collection Notice, at the counters of San Marino post offices and banks, or by bank transfer. The Tax Collector's Department for each payment of amounts entered on the Tax Roll shall issue a receipt to the taxpayer.

Deferment of payment

For taxes entered on the Roll not less than a total of 2,000.00 euros, debtors have the right to make a request for deferment to the State Tax Department.

The extent of the taxes for which the possibility of requesting deferment is allowed may be modified by Royal Decree. The recognition of the benefit of deferred payment, the definition of the repayment plan, the duration, the measure of interest and the guarantees required are regulated by Royal Decree 39 of 2004, Article 11 of Decree Law 31 of 2012 and Law 70 of 2004.

Article 6 of Decree No. 39 of 2004 directly establishes which guarantees are acceptable:

• the bank surety bond;

• the mortgage on real estate in the debtor's name, where capacious, for debts not less than 50,000 euros.
  
  

The Central Bank also considers suitable, subject to verification of regularity and authenticity:

• the pledge on a passbook;

• the promissory note with the endorsement of a San Marino bank, finance company or trust company (not exceeding euro 10,000 for the last two);

• the surety issued by a financial company or trust company;

• other forms of guarantee other than those indicated above and evaluated as acceptable from time to time by Management.
  
  

The following forms of guarantee are not recognized as eligible, and therefore will not be accepted:

• promissory note without endorsement or endorsed by parties other than a bank, financial institution or trustee;

• personal surety bond;

• pledge of debt securities (such as stocks, bonds, etc.).
  
  

Registry of debtors

Pursuant to Article 2 of Law No. 93 of July 30, 2018, as amended by Article 23 of Law No. 88 of May 30, 2019, and in accordance with Central Bank Regulation 2019-02 "Regulation on Procedures for Feeding and Maintaining the Debtor Registry," the so-called Debtor Registry, i.e., the list of debtors who are the holders of amounts entered on the docket pursuant to Law No. 70 of May 25, 2004 contained in tax bills due on 12/31/2018 and which in total exceed the amount of 50,000.00 euros, is published. This list may be viewed in the restricted part of the Administration Publication portal (www.pa.sm)."

Sale of assets

The sale of attached assets is carried out, by public auction or in the other forms provided for in the relevant regulations, by the Central Bank without the need for authorization from the judicial authority.

Movable Assets:

The State Tax Department directly organizes and manages movable assets auctions; auctions are consequential to the seizures and removal of seized assets.

The organization of the auction is expressed in the reconnaissance of all assets in the Bank's charge as a result of foreclosures, the preparation of the auction notice, its distribution to all residents in the territory, and its publication on the Bank's website.

All interested parties may participate in the movable auctions including the attached taxpayer himself, who, for the same price, has the right of first refusal provided that by purchasing it heals his debt position.

The assets, which are generally kept at a warehouse, can be viewed by potential interested parties in the days preceding the auction.

Real estate:

The sale shall be conducted exclusively by public auction with or without auction, including by methods other than three candles.

Service personnel.

The Tax Collector's service is carried out by personnel of the Central Bank, which appoints from among its employees persons authorized to perform the duties of Notifier and Collection Officer. The Notifying Clerk and the Collection Officer, in the performance of the activities of the State Tax Department, assume for all legal purposes the function of Public Official and are provided with a special identification card which must be shown upon request to ascertain their identity. The Central Bank may also use the cooperation of law enforcement agencies to carry out notification activities and enforcement collection procedures.

Tax Bill - Information for the Taxpayer

Payment

The Tax Collection Notice can be paid at post offices or at the counters of banks in the territory of the Republic of San Marino. Payment can also be made by bank transfer.

In the only cases in which the tax to be paid is within the competence of the Sate Tax Department, Indirect Tax Section, the taxpayer may also present himself for payment at the counters of the State Tax Department.

Deadline

The Tax Folder must be paid by the due date specified therein.

Contents of the Folder

The Tax Folder, in addition to the taxpayer's identifying information, the total amount to be paid and the due date of the same, contains on the back the details of the taxes in both descriptive terms and amount.

Appeal

It is the taxpayer's option to appeal against the Tax Roll within 15 current days from the date of service. The appeal, by registered mail or direct delivery, must be submitted to the office responsible for the tribute. Instructions on how to appeal are indicated on the back of the Folder.

Deferments of payment

For amounts exceeding 2,000 euros, payment deferment may be requested from the Central Bank.
Details on how to access deferment can be obtained from the State Tax Department.

Information

For any inquiries or clarifications contact the Central Bank's Tax Department (tel.0549 98.1010 e. mailesattoria@bcsm.sm Email address protected from spam bots , you need Javascript enabled to view it).

Single Tax Folder - Information for the Taxpayer

Payment

The Single Tax Folder can be paid at any post office or bank counter in the Republic of San Marino. To make payment easier, the taxpayer can authorize a direct debit to his or her bank account. The bank, automatically, will pay the amount on the due date. To find out the conditions of the service, it is necessary to contact the Registry and Registrar's Office.

Due date

The Single Tax Folder must be paid byMarch 31 of each year.

Folder content

The folder in addition to the taxpayer's identification data, the total amount to be paid and the due date of the same contains on the back the details of the taxes due with their description.

Appeal

It is the taxpayer's right to appeal the rolewithin 15 current days from the date of notification. The appeal, by registered mail with return receipt or direct delivery, must be submitted to the office responsible for the tax. Instructions for the appeal are given in the back of the Folder.

Information

For any inquiries or clarifications, contact the Central Bank Tax Collection Department (tel.0549 98.1010 e. mailesattoria@bcsm.sm).