finance ministry
The treasury is preparing reaction scenarios should the Supreme Court uphold the ruling of the Administrative Court on the unconstitutionality of cuts in salaries and...
Cyprus and Egypt renew 1993 deal for elimination of double taxation
Cyprus and Egypt have signed a new agreement for the elimination of double taxation with respect to taxes on income and the prevention of fiscal...
Proposal floated to abolish annual company levy, state says no
The House commerce committee on Tuesday proposed abolishing the €350 annual levy on registered companies but the finance ministry said the tax would stay as...
Finance ministry seeks buildings to purchase for government needs
The finance ministry is calling for expressions of interest from legal or natural persons for the purchase of buildings to cover the housing needs of...
Cyprus mulls hiking corporate tax rate to 15 per cent
Finance ministry sources on Tuesday confirmed reports that the government is considering raising the corporate tax rate from 12.5 per cent currently to 15 per...
Draft bill on blockchain to be ready by end of 2019
A draft bill to regulate blockchain technology in Cyprus is expected to be ready before the end of the year, as part of the National...
Cyprus aims to maintain high surpluses and put debt on downward path
Cyprus aims at maintaining high primary surpluses and use windfall gains to reduce its high public debt or boost its cash buffers, thereby placing its...
Cyprus to tap markets with 30-year bond
Cyprus will be tapping the markets, possibly on Wednesday, with 30-year and five-year bonds. The bonds could be used for the early repayment of a...
Cyprus prepares to tap international markets after early repayments
Cyprus prepares to tap the markets with a new euro-denominated bond issue, the finance ministry has said. In a statement the ministry said “the Republic...
Disy, Diko, ministers discuss creating second Estia scheme
Disy, Diko, the finance minister and the labour minister discussed creating a second ESTIA housing scheme on Tuesday that would benefit people who meet their...