tax department | Cyprus Mail

Tax chief asked to audit providers involved in passport services (Updated)

Elias HazouFebruary 25, 2021February 25, 2021

By Elias HazouFebruary 25, 2021February 25, 20210686

The Tax Department has been instructed to carry out strict audits of service providers involved in the citizenship by investment programme, Finance Minister Constantinos Petrides...

CM Regular Columnist Opinion

Tax system reform is crucial for post Covid-19 recovery

CM Guest ColumnistJanuary 17, 2021January 17, 2021

By CM Guest ColumnistJanuary 17, 2021January 17, 202101339

By Andreas Charalambous Based on current evidence, the next months are expected to be extremely challenging. The return to normality will still take some time...

Cyprus

Coronavirus: Tax office, transport department offices close after cases found

Gina AgapiouNovember 12, 2020

By Gina AgapiouNovember 12, 202002145

Positive cases have been found in transport department offices in Nicosia and the tax department in Limassol so they will be closed for disinfection, it...

Cyprus

Tax department launches digital portal

Andria KadesJuly 3, 2020

By Andria KadesJuly 3, 202002173

The tax department on Friday announced the launch of a digital tax portal, giving access to their services online. “Time consuming and bureaucratic procedures that...

Business Cyprus

Tax debts to state fall in Q3 2018

Elias HazouJanuary 16, 2019January 16, 2019

By Elias HazouJanuary 16, 2019January 16, 20190115

The total tax debts due to the state at the end of the third quarter of 2018 stood at €2.28bn, some €250m less than the...

Cyprus Featured

Tax department seeks man 30 years after his death, told where to find his grave (Updated)

Evie AndreouOctober 25, 2018October 25, 2018

By Evie AndreouOctober 25, 2018October 25, 20180109

By Evie Andreou The tax department sought a man 30 years after his death and was told by his granddaughter that he had ‘changed address,’ providing...

CM Regular Columnist Opinion

Does Robin Hood promote tax compliance or does he promote tax evasion?

Christos PanayiotidesSeptember 30, 2018

By Christos PanayiotidesSeptember 30, 20180173

By Christos P. Panayiotides The question sprang to my mind when I read the special report compiled by the internal audit service of on the...

Cyprus Featured

Almost €2 billion euros owed in overdue taxes

Evie AndreouSeptember 21, 2018September 21, 2018

By Evie AndreouSeptember 21, 2018September 21, 20180139

The audit office has called on the tax department to do all it can to collect overdue taxes – to the tune of almost €2...

Cyprus

Online tax returns trickling in

Staff ReporterJuly 9, 2018September 9, 2019

By Staff ReporterJuly 9, 2018September 9, 201913 106

By Christophe Hadjigeorgiou Assistant tax commissioner Sotiris Markidis announced on Monday that 39,000 tax returns have been submitted since June for the fiscal year 2017,...

Cyprus

Tax department organising public presentations for online returns

Staff ReporterJune 24, 2018

By Staff ReporterJune 24, 20186 185

The income tax department is organising a series of presentations between June 18 and June 30 ahead of the compulsory filing of 2017’s tax returns...

Cyprus Featured

Audit boss wants taxman to hand over data on politically exposed persons

Elias HazouOctober 27, 2017October 26, 2017

By Elias HazouOctober 27, 2017October 26, 201721 200

Auditor-general Odysseas Michaelides will ask the Tax Department to hand over data relating to the tax files of individuals designated as Politically Exposed Persons (PEPs)....

Business Cyprus

Spam warning from tax department

Staff ReporterOctober 25, 2017

By Staff ReporterOctober 25, 20171178

The tax department warned the public on Wednesday not to respond to a text message sent to mobile phones bearing its name. The department said...

Cyprus

New bill seeks to write off small tax debts

Elias HazouOctober 9, 2017

By Elias HazouOctober 9, 20177 139

Lawmakers on Monday began discussing a bill to write off overdue tax where the total amount owed does not exceed €100. The legislative proposal, tabled...

Cyprus

Government collects €87 million in back taxes

Elias HazouOctober 3, 2017October 3, 2017

By Elias HazouOctober 3, 2017October 3, 201710 147

The government has to date collected around €87 million from a scheme allowing the settlement of taxes in arrears. According to data cited by the...

Cyprus

Tax reporting overhaul needed for entry to OECD forum

FORMER STAFFJune 7, 2017

By FORMER STAFFJune 7, 20171126

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...

Cyprus

Online Taxisnet system ready for 2016’s tax returns

Evie AndreouMay 24, 2017

By Evie AndreouMay 24, 201701950

The tax department announced on Wednesday that the electronic system Taxisnet is up and running for the submission of income tax forms for 2016. The...

Cyprus

Tax department tests out online payment system

Elias HazouMay 22, 2017May 22, 2017

By Elias HazouMay 22, 2017May 22, 20177 170

The tax department said on Monday it is running tests on a system which will enable people to pay their overdue taxes online, adding that...

Cyprus Featured

New system will allow payment of tax arrears online

Elias HazouMay 16, 2017May 15, 2017

By Elias HazouMay 16, 2017May 15, 201719 289

The system giving people the ability to pay their overdue taxes online should be up and ready in two weeks’ time, Tax Commissioner Yiannis...

Cyprus

MPs give taxman added powers to seize valuables

Evie AndreouFebruary 3, 2017

By Evie AndreouFebruary 3, 201712 154

THE House plenum approved unanimously on Friday the regulations for the seizure of the movable property of those who have accumulated debts to the Tax...

Cyprus

Tax department was ‘like a coffee shop’ of gossips, chief says

George PsyllidesSeptember 29, 2016September 30, 2016

By George PsyllidesSeptember 29, 2016September 30, 20168 212

Some 30,000 appeals dating back to the 1980s were still outstanding last February, Tax Commissioner Yiannis Tsangaris said on Thursday, likening the situation to the...