Department of Taxation in Cyprus accepts 5,990 arrangements for overdue tax debts 

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Department of Taxation in Cyprus accepts 5,990...
 © Parikiaki 2018
Approximately 5,990 arrangements for overdue tax debts of about € 191,6  million have been made by Tuesday evening, according to the latest data from the Department of Taxation , seen by CNA.

After the deduction, tax arrears is now limited to approximately €156 million, of which more than 50% will be paid on a one-off basis.

A total of 6,375 have made a tax deduction arrangement, however 385 arrangements have been cancelled and / or terminated mainly due to instalments -selection error and non-compliance with the agreed instalments.

Moreover, according to Tax Department data, out...


Department of Taxation in Cyprus accepts 5,990 arrangements for overdue tax debts 


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