New criminal code: Penalties for outstanding debts to the State over 100,000 euros

Even three years goes beyond the prison sentences provided for in the new penal code for the longer than 100,000 euros, according to ERT. In fact, the list of debts to the State that remain irregular and are not served for more than 4 months will include those arising from the non-execution of financial penalties imposed by the courts along with the other increases resulting from interest. Therefore, the number of debtors with debts to the public is widened over EUR 100,000 who are facing at least one year’s imprisonment sentences. These penalties may exceed all 3 years if the total amount of unpaid debts exceeds EUR 200,000. The debtor saves the prison sentence and remains unpunished in the event he fully repays his debt until the criminal part of his case is tried, to any extent, or if his debt is in part payment arrangement. Moreover, since it questions debt, i.e. the amount of the amount charged to it by the tax authorities, it has the right to appeal to the Dispute Settlement Directorate and then, in the event that the TEN does not justify itself, and to the administrative courts, so until a final court decision has been adopted, criminal proceedings may be ‘freeze’. The prison sentences apply, in addition to debts to the tax administration, to debts to legal persons governed by public law, undertakings and agencies in the wider public sector. Stricter with the new criminal code are also being sanctioned for offences related to money laundering and money laundering. The administrative fine of EUR 50,000 to EUR 10 million is maintained as it stands. However, financial penalties for cases where the profit of the infringement cannot be calculated shall be changed. They increase to EUR 4 million from EUR 1 million. In particular, where the criminal offence is committed for or on behalf of a legal person or entity by a natural person acting either individually or as a member of a legal person or entity and holding a managerial position within them or having the power to represent them or having the power to take decisions on their behalf or to exercise control within them, the following penalties shall be imposed on the legal person or entity, cumulatively or in part: The exact amount of the fine shall be fixed at a minimum of twice the amount of the profit resulting from the infringement, provided that the profit can be determined either if it cannot be determined at EUR 4,000,000 from EUR 1,000,000 to EUR 1,000,000 to date; (c) Prohibition of the exercise of certain business activities or the establishment of branches or the increase in share capital for the same period. (d) Final or temporary for the same period of exclusion from public benefits, aid, assignments of works and services, supplies, subsidies, advertisements and competitions.