Tuesday, October 30, 2018 - 11:30 | Ministry of Finance
Kindly find attached Minister of Finance Decision No. 1583/1 dated 30 October 2018 which provides reductions on tax penalties until 31 December 2018. This decision cancels all previous decisions.
This decision covers violations occurring until its publication date in the official gazette (inclusive).
As per Article 5 of this Decision, proportional realization penalties are reduced by 85% while lump-sum realization penalties are reduced by 60%.
As per Article 7 of this Decision, late payment penalties are reduced by 75%.Download
Friday, October 19, 2018 - 11:00 | Ministry of Finance
In connection with Minister of Finance Publication No. 3361/S1 dated 9 October 2018, the VAT Directorate will not accept any deduction of refund of VAT on electricity, water and telephone expenses starting 1 January 2019 if the invoices are not in the name of the taxpayer or if they are still in the name of the previous owner.Download
Friday, October 19, 2018 - 10:45 | Ministry of Finance
Law no.85 issued on 18 October 2018 amended articles 1 and 3 of the Legislative Decree no.46 (Offshore companies Law) published on 24 June 1983. The amendments affected the incorporation, the management and the employment in addition to a new paragraph allowing one single person to establish an Offshore Company and stating the related procedures.
Tuesday, October 16, 2018 - 14:30 | Ministry of Finance
In connection with Minister of Finance Decision No. 1512-1 dated 15 October 2018, the deadline for filing the tax on salaries for the third quarter and the related tax settlement has been extended until 19 October 2018.Download
Friday, October 12, 2018 - 07:15 | Ministry of Finance
The Ministry of Finance (MoF) has issued Memorandum No. 3168/S1 dated 27 September 2018, stating that stamp tax duty on real estate sales contracts can be settled at Indirect Tax departments within the districts.Download