Tax debts to state fall in Q3 2018
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
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Tax department seeks man 30 years after his death, told where to find his grave (Updated)
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
Does Robin Hood promote tax compliance or does he promote tax evasion?
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
Almost €2 billion euros owed in overdue taxes
The audit office has called on the tax department to do all it can to collect overdue taxes – to the tune of almost €2
Online tax returns trickling in
Assistant tax commissioner Sotiris Markidis announced on Monday that 39,000 tax returns have been submitted since June for the fiscal year 2017, and 224,500 people
Tax department organising public presentations for online returns
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
Audit boss wants taxman to hand over data on politically exposed persons
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).
Spam warning from tax department
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
New bill seeks to write off small tax debts
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
Government collects €87 million in back taxes
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
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
Online Taxisnet system ready for 2016’s tax returns
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
Tax department tests out online payment system
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
New system will allow payment of tax arrears online
The system giving people the ability to pay their overdue taxes online should be up and ready in two weeks’ time, Tax Commissioner Yiannis
MPs give taxman added powers to seize valuables
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
Tax department was ‘like a coffee shop’ of gossips, chief says
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
Panama Papers probe looks stalled until October
It looks like checks carried out by authorities into possible Cypriot connections to the Panama Papers will be dragging into the autumn. The House ethics
86 people on ‘Lagarde List’ have been sent tax notices
The first leg of the Tax Department’s investigation into a list of deposits in Swiss HSBC bank in 2003 has been completed, with 86 individuals
End nears for tax cheats
By Elias Hazou The government aims to turn the screws on tax delinquents this year as well as those who have escaped the taxman’s radar,
Almost €85m collected from IPT
The government had collected €84.48 million from the immovable property tax (IPT) 2015 by December 3, which accounts for some 82.25% of the total amount