Article 09: THE BREAKING OF BANKRUPTCY BY THE TAX AUTHORITIES WITH THE LC ADVENT 105/2001

Abstract

Banking today is of vital importance to the world economy. In a globalized and computerized world it is no longer possible to imagine commercial transactions without the involvement of a bank account. Citizenship is realized when one can take advantage of the current means of technological development, so the use of the internet and the magnetic banking card are some of them. The direct exchange of merchandise by commodity became ineffective when the currency appeared. So it is with check and paper money today, since most of the financial and commercial transactions are done in virtual currency through the credit card. To pay income tax, for example, simply access the internet and use the card number or go to the ATM and make the transfer to the state account. Likewise, they also occur when private business transactions are performed. The relevance of banking activities is present both in the private sphere and in the public sphere. The State is assisted by the financial institution when the taxpayer collects the tax and the individual in all its banking operations.