Cypriot teachers assess students more often than OECD average
Cypriot teachers assess their students’ progress more often than the average rate within Organisation for Economic Co-operation and Development (OECD) countries, a study revealed on
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OECD puts Cyprus ‘golden passport’ scheme on blacklist
Cyprus is among 21 countries whose so-called ‘golden passport’ schemes have been identified by the OECD as being a threat to international efforts to combat
More Zurich tax cheats come clean as data sharing looms
Switzerland’s largest and wealthiest canton saw a three-fold rise in the number of tax cheats turning themselves in during 2017, Zurich officials said on Thursday,
Tax reporting overhaul needed for entry to OECD forum
A negative review of the tax department by the Organisation for Economic Co-operation and Development’s (OECD) Global Forum for transparency and exchange of information, which
Our View: Appalling results show schooling not value for money
CYPRUS had the worst performing students in the EU in 2015, according to the latest education survey by the Programme for International Student Assessment (PISA)
OECD vows to make Cypriot residence-by-investment scheme less attractive
The Organisation of Economic Cooperation and Development expects that the residence-by-investment schemes applied by Cyprus, Malta, and Caribbean countries will not undermine a global effort
Richest 62 people own same as half the world’s population – Oxfam
By Alex Whiting The wealthiest 62 people now own as much as half the world’s population, some 3.5 billion people, as the super-rich have grown richer and
Tax regime on royalties from intellectual property to be revised
The Administration of the Ministry of Finance has announced the upcoming amendment of the Intellectual Property tax regime. The said amendment will incorporate the recommendations
OECD warns of global trade slowdown, trims growth outlook again
Global trade flows have fallen dangerously close to levels usually associated with a global recession, although actions taken by China and others should ensure a
OECD says Cyprus “largely compliant” with tax transparency
By Nicholas Kakouros The Organisation for Economic Co-operation and Development said that Cyprus is “largely compliant” with respect to tax transparency and exchange of information.
New tool for the taxman from January 1
Cyprus will as of January 1, 2016 have a new tool in its arsenal to identify monies hidden abroad as the island will begin implementing
New global tax proposals target corporate tax dodging
By Tom Bergin The body that advises industrial nations on economic policy published proposals on Monday to overhaul the way international companies are taxed in
OECD trims growth outlook but urges Fed action this week
By Leigh Thomas The global economic outlook has grown darker than it was only a few months ago, but the United States is doing well
Greece signals concessions in crunch talks with lenders
By Lefteris Papadimas and Deepa Babington Greece’s leftist government offered its biggest concessions so far in a race to remove roadblocks in crunch talks with
The sorry state of public education
By Constantinos Psillides WHENEVER someone mentions educational reform or educational overhaul, a vivid memory comes to mind. Back in 2004, a year into the presidency
Our View: Cypriot children will continue to receive a sub-standard education, as long as unions are in control
IF MORE tangible proof, of the damage done to the country by all-powerful unions that cannot see beyond the interests of their members, was required
Cyprus says it deserved higher OECD tax-compliance rating
Cyprus deserved a higher rating on tax transparency than the OECD gave it in a report last week, the finance ministry said on Monday. A
OECD urges ECB to buy eurozone assets to revive economy
By Robin Emmott and Sakari Suoninen A leading international think-tank urged the European Central Bank on Tuesday to loosen the purse strings further and buy
With France stalling, eurozone recovery comes to near halt
By Leigh Thomas and Martin Santa The euro zone economy all but stagnated in the third quarter with France’s recovery fizzling out and slower expansion
G20 backs fundamental reform of corporate taxation
By Tom Bergin and Maya Dyakina THE G20 backed a “fundamental” rethink of the rules on taxing multinational corporations on Friday, taking aim at