The Process of Adjustment of Tax Arrears Law 2017 (Law 4(I)/2017) established a procedure for settling tax arrears by monthly instalments. It provides a waiver of interest and penalties of up to 95% for all nationally imposed taxes, including income tax, value added tax, special defence contribution tax, capital gains tax, stamp duty and special contributions payable by employees, pensioners and self-employed persons, provided that the arrears are cleared in accordance with the agreed schedule (for further details please see "Further extension for applications to settle tax arrears by instalments").
Submission Period for Applications to Settle Tax Arrears by Instalments Extended
