Cyprus has published Law No. 79 (I) of 2021 on Amendments to the Law on the Settlement of Outstanding Tax Debts. The program for settling outstanding tax debts, first introduced in 2017, had applied for outstanding tax debts up to 31 December 2015 and provided relief from late payment interest and related penalties for taxpayers that entered into an installment payment arrangement. Related deadlines to take part in the program were previously extended due to COVID-19, although the period covered was not changed. With the latest amendments, the eligible period is extended so that the program can be applied for...