Every time there is a tax or financial change that affects your business, we notify you directly by email with a practical explanation.
Send me free notificationsHistoric post, July 25, 2020. This post was a temporary government measure during the 2020 COVID-19 pandemic and is no longer in effect. For current tax or financial matters of your business Contact us here.
Following the measures taken to implement tax relief for taxpayers during the COVID-19 emergency situation, The Tax Administration announces that the necessary procedures have been established to waive the penalties imposed for the late payment of the advance installments of the Corporate Income Tax for the first quarter of 2020, which were calculated and recorded during the months of April, June 2020, a period which corresponds to the state of natural disaster declared by Decision of the Council of Ministers no. 243, dated March 24, 2020, “On the declaration of a state of natural disaster”, as amended.
Taxpayers who have already paid the fines imposed for the above will have the option to apply the amount paid toward the payment of future tax obligations. The Regional Tax Directorates will proceed with implementing the relevant procedures, and taxpayers will be notified in their e-filing account.
