Payment of Tax Assessment Notice
The Roll is a list of debtors and the amounts they owe, compiled by the Tax Office. The Tax Authorities may include debts within their jurisdiction in the Roll if the debtor has failed to do so by the deadline specified in the regulations. The Roll serves as an enforceable title, as it pertains to debts that are certain, liquid, and collectible.
Payment of Tax Assessment Notice
Payment of the Tax Assessment Notice must be made by the deadline specified in the notice. If the due date falls on a holiday, the last day for payment is the first working day after the due date. For all purposes, Saturday, Dec. 24, and Saturday, Dec. 31, will be considered holidays. Payments for amounts listed on the Tax Roll must be made according to the instructions on the Tax Collection Notice, either at the counters of San Marino post offices and banks or via bank transfer. The State Tax Department will issue a receipt for each payment made on amounts listed on the Tax Roll.
Deferment of payment
Debtors with taxes listed in the Roll amounting to at least 2,000.00 euros have the right to request a deferral from the State Tax Department.
The threshold for taxes eligible for deferral may be modified by Royal Decree. The granting of deferred payment, the repayment plan, duration, interest rates, and required guarantees 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 specifies the acceptable guarantees:
- the bank guarantee;
- 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 is responsible for organizing and managing auctions of movable assets, which are held as a result of seizures and the removal of seized goods.
The auction process involves assessing all assets under the Bank's control due to foreclosures, preparing the auction notice, distributing it to all residents in the territory, and publishing it on the Bank's website.
All interested parties, including the taxpayer whose assets were seized, may participate in the auctions. The taxpayer has the right of first refusal at the same price, provided that the purchase will settle their debt.
The assets, typically stored in a warehouse, can be viewed by potential buyers in the days leading up to 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'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 Notifier 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 special identification badges 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 Assessment Notice - Information for the Taxpayer
Payment
The Tax Assessment 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 Tax Office, Indirect Tax Section, the taxpayer may also present himself for payment at the counters of the Tax Office itself.
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 State Tax Department (tel.0549 98.1010 e. mail esattoria@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 by March 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 role within 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's State Tax Department (tel.0549 98.1010 e. mail esattoria@bcsm.sm).
Attached documents: