By Chrysostomos Tsoufis

The head of AADE Giorgos Pitsilis issued a circular by which he removes the basic cutter that existed for the revival of the arrangements of 72 or 120 installments.

A condition for the revival is that – if there are other overdue debts apart from the 2 arrangements to be revived – either they are paid off or settled with the permanent arrangement. However, the law does not allow the settlement of the same debt in the permanent settlement more than 2 times, which automatically excluded taxpayers who want to rejoin e.g. in 120 doses but have already set and lost 2 times fixed settings. With his circular, Mr. Pitsilis allows emergency regulation for the third time, giving a solution to a problem that was plaguing many debtors.

The online application for renewal of 71 or 120 installments must be made by July 31 at the latest. In the event that there is an inability to provide online support, the application is submitted to the Service whose Head is responsible for seeking the collection of the debt. In the application, the taxpayer:

-Declares which setting or settings it has lost
– Confirms that he has properly submitted his income tax or VAT returns
-Declares that he knows that in order to come under he must pay or settle any additional debts he has that are not related to the arrangement or arrangements he wants to revive. (He must do it within 1 month from the date of reinstatement).

Reintegration into the arrangement is done by paying 2 installments, the current one and one more, within 3 working days from the date of the application and in any case no later than 31/7. Interest is imposed on the settlement amount, which begins to count from the date it was lost until the date of the revival request.

In the event that the amount of the arrangement being revived is lower than €90 or €150 as the case may be, then the entire amount becomes due.

The circular states that the debts of the 72 or 120 installment arrangement are revived even if the taxpayer has included them in the permanent arrangement. If now in the permanent arrangement there were debts other than the lost arrangement, these remain as they are in the permanent arrangement.

The reasons why the reviving setting may be lost are as follows:
– Non-payment of 2 consecutive installments
-The delay in paying 2 consecutive installments
-The failure to submit an income tax return or a VAT return
– The non-settlement of overdue debts that existed on the date of reinstatement
-Non-settlement or payment of new debts that may arise

The reintegration into the 72 or 120 installment arrangement is done by reviving all its benefits such as the cessation of forced collection measures or any criminal proceedings, the release of frozen accounts and the issuance of tax information.