June 22, 2020

We inform you that as per a new decision by IAPR (Independent Authority for Public Revenue), an extension has been granted to the original deadline for “Covid Declaration”, as follows:

  • Property owners, whose rent has been reduced by 40%, under the current provisions, should submit a “Covid Declaration” for the rent change for March, April, May and June, where applicable, until Wednesday, July 1st 2020.
  • Lessees have the obligation to accept the «Covid Declaration» for the period from March to June, where applicable, that has been submitted in accordance with the above, until Monday, July 6th 2020.

No other changes have been noted from our original update on the matter.

If you are looking for practical assistance re the submission of the above statements or you need more information, please get in contact with us ASAP.