Settlement of tax debts by instalments to begin from 1 August 2017

The Cyprus Tax Department has announced that the Internet portal for applications for settlement of arrears of taxes under the Process of Adjustment of Tax Arrears Law of 2017 will be available from 1 August 2017. Applications for settlement of debts by instalments will be accepted from that date.

The Tax Department had previously announced that applications for settlement of debts by instalments would be accepted from 21 July, but according to the latest announcement, only applications for settlement of debts in full by a single payment will be accepted until the beginning of August.

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