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Evening – Boosted voluntary tax efforts
The General Directorate of Taxes aims to expedite the implementation of exceptional measures for voluntary tax settlements and debt cancellations, before the deadline expires in 120 days on December 31, 2026. The measures include paying a one-time tax rate of 8% without penalties on undeclared amounts, as well as full cancellation of debts recorded before 2012 and a reduction of 30% on amounts owed for debts between 2012 and 2025, with the remaining balance payable no later than the end of 2026. Regional tax offices are conducting intensive awareness and informational campaigns to educate taxpayers about the importance of taking advantage of these measures before the deadline. They are explaining the procedures and offering facilitation to promote a culture of tax compliance and encourage voluntary adherence.
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