Infrastructure Minister Joao Galamba has evaded a €14,500 value-added tax on a home he sold for twice as much as he did six months ago, TVI reports.
The transaction dates back to 2007, but only in 2017 the process ended with the decision of the arbitration court. João Galamba stated that he reinvested the capital gain in question into another property for his own and permanent residence at the 2007 IRS filing.
However, without any confirmation of the facts The Internal Revenue Service (AT) has notified the current Minister of Infrastructure to confirm whether he is even eligible for tax credits and tax exemptions.
João Galamba had to pay about 14,500 euros because the submitted documents were not considered sufficient. The case was referred to the arbitration court on the complaint of the Minister of Infrastructure. Joao Galamba presented two witnesses, a gas bill and an electricity declaration, to prove that it was his house, but they had no effect.
The Minister of Infrastructure lost the decision in the arbitration court, backed up by the information that Joao Galamba stated in the documents that he lived at a different address on the date of the sale of the house. This room was the same where his tax address was registered with the tax authority for about four months.
TO cm The Ministry of Infrastructure guarantees that “at the time of the sale of the property in question, the taxpayer Joao Galamba was living in this house, which led him to believe that he could use the reinvestment regime to acquire other property. for the same purpose.”
“The issue raised in relation to his 2007 IRS only arose from a disagreement with AT regarding his tax residence for the purposes of applying the reinvestment regime, when taxpayer Joao Galamba resorted to the legal means at his disposal to resolve this discrepancy with AT, first filed a Gracious Complaint by AT itself, and then objected in arbitration, which was not decided in its favor, confirmed the payment to the IRS due in accordance with legal conditions, ”he also referred.
Author: morning Post
Source: CM Jornal

I’m Dave Martin, and I’m an experienced journalist working in the news industry. As a part of my work, I write for 24 News Reporters, covering mostly sports-related topics. With more than 5 years of experience as a journalist, I have written numerous articles on various topics to provide accurate information to readers.