Beta Version

Website Last updated:

May 15, 2026

Article 153 provides a mechanism for taxpayers facing liquidity issues. It allows the Tax Authority to permit the settlement of tax dues in installments. These payment plans are subject to specific conditions, rules, and guarantees established in the Executive Regulations. However, the Chairman of the Tax Authority has the unique power to relax these requirements in cases of absolute necessity. This flexibility allows the state to support businesses through financial distress while still securing the eventual collection of tax revenue through a structured and secured payment timeline.

Part 5 - Tax Assessment and Collection

Chapter 3 - Tax Collection and Refund

Section 1 - Payment of Tax

Article 153

[GTL Notes: Tax Payment by Installments]

Without prejudice to Article 156 of this Law, the tax payable and due may be settled by installments in accordance with the conditions, rules, and guarantees set by the Executive Regulation of the Law, provided that only the Chairman may decide to relax such conditions, rules, and guarantees in the cases deemed by him as necessary.