New standard plan for tax dues

The new online platform for state debtors to have their dues arranged for settlement in 24 to 48 monthly installments will open on February 26.

As of that date, taxpayers who meet the requirements can join the new arrangement program that provides for twice as many tranches as the previous one, known as the standard settlement.

According to the Finance Ministry's decision, those with confirmed debts to the tax authorities, inspection centers or customs can enter the new standard payment program (involving 24-48 installments) provided they had not entered an arrangement for payment in tranches before November 1, 2019. Therefore, debtors who entered the standard arrangement (12-24 tranches) after November 1 can enter the new one, which allows them to pay off their debt in twice as many installments. In contrast, those who entered the standard mechanism in October cannot...