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Amendment to the law regulating the settlement of overdue taxes

    Following the implementation of the law regulating the settlement of overdue taxes an amending law was published in the official government gazette on 22 September 2017, providing the following:
  1. The deadline for the submission of applications to enter the scheme for existing tax liabilities is extended by 3 months from the 3rd of October 2017 to the 3rd of January 2018.
  2. In order to be able to benefit from the scheme all applicants must submit any tax returns not yet filed with the tax authorities for the tax year up to 2015 by the 30th of June 2018.