ANNOUNCEMENT
The Director of Inland Revenue would like to remind taxpayers that after the expiry of the extension until 30th September 2011, Administrative Fines will be imposed, by virtue οf the following laws.
· The Assessment and Collection of Taxes (Amendment) Law of 2010, Ν.136(Ι)/2010
· The Special Contribution for the Defence of the Republic (Amendment)(No.2) Law of 2010 Ν.132(Ι)/2010·
· The Assessment of Capital Gains (Amendment) Law of 2010 Ν.135(Ι)/2010·and
· The Assessment of Immovable Property (Amendment) Law of 2010 Ν.134(Ι)/2010
All those who have not settled their dues to the Department within the time specified in the law are invited to do so immediately.
From 1.10.2011, in accordance with the Assessment and Collection of Taxes Law, 5% will be added to all amounts due, provided the payment date specified has expired.
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