Discounts for timely payments, loans to businesses hurt by virus

The government is planning cash injections for both the state coffers and enterprises, as well as a reduction in the tax burden of companies.

Besides the option of corporations that have been forced to close or are suffering as a result of the novel coronavirus being able to postpone their tax and social security payments, the government will offer them a 25 percent discount on their dues to tax authorities (except for value-added tax) and their current contributions if they choose not to put off payments and implement them in time.

This is considered a strong incentive for enterprises, as well as their employees, to pay their dues in time, as the Finance Ministry is concerned after seeing the course of March revenues that will by and large dictate the policy of the next few months.

A ministry official noted to Kathimerini that the last three to four days of...

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