A company with liquidity problems may find it tempting to leave income taxes, social security contributions and value-added taxes unpaid, because neglecting them does not have an immediate effect in the manner of unpaid electricity invoices, for example.
However, unpaid taxes and statutory payments lead to additional taxes and punitive taxes, so it is a very expensive form of funding. Therefore, you should contact the Tax Administration as soon as you realise that you cannot pay your taxes and payments, and make a payment plan with the Tax Administration for the tax arrears.
A company should always submit its tax returns on time, because neglecting to do so will lead to an even higher punitive tax than delayed payment. If accounts have not been kept or they are not considered reliable, the Tax Administration will evaluate the taxes and payments of the company.