One hundred taxpayers owe VAT of over €100 million and the Tax Department has started sending out letters asking them to settle their overdue bills or face criminal charges, CNA reports.
In statements to CNA, Deputy Tax Commissioner Soteris Markides noted that the Department`s priorities for 2020 include the collection of tax dues.
He urged taxpayers to visit the Tax Department and to settle their tax bills, adding that in case they are not able to fully settle what they owe they can make a settlement which will concern the total of what they owe including VAT, income tax and other dues, which will include a settlement plan of up to 36 installments.
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