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waiving tax

  • 08-11-2009 3:47pm
    #1
    stopthelights
    Registered Users, Registered Users 2 Posts: 30 ✭


    Hi all,
    I was just wondering can the revenue waive / forgive a tax liability and if not why?

    Thanks in advance :)


Comments

  • #2
    boodlesdoodles
    Registered Users, Registered Users 2 Posts: 569 ✭✭✭boodlesdoodles


    stopthelights wrote: »
    Hi all,
    I was just wondering can the revenue waive / forgive a tax liability and if not why?

    Thanks in advance :)

    Why would you be looking for it to be waived? I think you need to give a further explanation before a proper answer can be given.


  • #3
    dbran
    Registered Users, Registered Users 2 Posts: 2,094 ✭✭✭dbran


    stopthelights wrote: »
    Hi all,
    I was just wondering can the revenue waive / forgive a tax liability and if not why?

    Thanks in advance :)

    No. Why? Because they cant and are not allowed. Its the law!


  • #4
    Rabbits George
    Closed Accounts Posts: 3 ✭Rabbits George


    dbran wrote: »
    No. Why? Because they cant and are not allowed. Its the law!

    Ahem!!:p


  • #5
    boodlesdoodles
    Registered Users, Registered Users 2 Posts: 569 ✭✭✭boodlesdoodles


    Writing off an uncollectible debt is a lot different from waiving a debt.


  • #6
    Builderfromhell
    Registered Users, Registered Users 2 Posts: 1,570 ✭✭✭Builderfromhell


    I presume it's not so much a case of revenue deciding to no longer pursue an individual or company for tax as much as a realisation that the money is just not there and therefore they have to write it off.

    I can't imagine it happens too often with regular folks.


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