Cyprus: Settlement of Overdue Tax Liabilities – Courtesy of EY

Cyprus: Settlement of Overdue Tax Liabilities – extension to the application of the Law

Relating to the Law (L.4(I)/2017) (“Law”) for the settlement of overdue tax liabilities, the Cyprus House of Representatives has voted for an amendment to this Law which in effect, provides for an extension to the period during which an application for the settlement of overdue taxes could be made. The Law was published in the official Gazette of the Republic on 14 February 2020.

Read the complete tax alert here.