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

Approximately 5,990 arrangements for overdue tax debts of about Euros 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 Euros 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 of the 3,881 arrangements, more than 50%, are one-off payments.

On the basis of recent data, about 25,000 users have been registered for the Department of Taxation to the Electronic Services offered by “Ariadni” Gateway Portal.

Source: Cyprus News Agency