Актът за прихващане и възстановяване
The Instrument of Offsetting or Refunding

Nature and Issue

Author(s): Krasimir Mutafov
Subject(s): Law, Constitution, Jurisprudence, EU-Legislation, Administrative Law
Published by: Пловдивски университет »Паисий Хилендарски«
Keywords: instrument of offsetting or refunding; national revenue agency; tax and social insurance procedure code; legal nature
Summary/Abstract: The Instrument of Offsetting or Refunding (IOR) is among the most frequently issued acts by the authorities of the National Revenue Agency (NRA). As its name suggests, the IOR can be used to offset and/or refund tax liabilities or compulsory social security contributions. The issuance of an IOR is necessary when we are faced with the hypothesis of unduly paid or overpaid taxes. The study of the matter related to the IOR requires, before we discuss the procedure of its issuance, to make a brief legal characterisation of this type of acts and to examine the preceding legal actions performed by the revenue authorities before their immediate issuance. All of this will enable us to try to answer the question: can an IOR be used to determine tax liabilities?

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