Tax News 14/2020
On 20 August 2020, the amending Law regarding the Assessment and Collection of Taxes (L 126(I)/2020) was published in the official Gazette.
On 28 August 2020, the Tax Department has issued a clarifying Circular (Circular 46) with regards to the practical application of the law, although certain details are still pending and will be communicated to taxpayers in the form of Decrees.
You can find announcement with the amendments published here
Do not hesitate to contact our firm’s tax department for any further information you may need.
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