Gesy will collapse unless action taken says finance minister
Gesy contributions will need to go up by 20 to 30 per cent unless procedures change Sparks flew in parliament on Thursday during a debate...
Tax evasion
Our View: Doctor accused of cheating Gesy underlines lack of oversight
It hasn’t been a great month so far for the reputation of the health scheme Gesy, but whatever operational weaknesses the system might have, they...
Finance Minister turns tables on Gesy supervisor over understaffing and doctors’ pay
The Health Insurance Organisation (HIO) cannot claim understaffing when it has not yet filled all its vacancies, Finance Minister Constantinos Petrides said after a cabinet...
Compulsory card payment change worries small businesses
Although a positive move, making card payments a compulsory transaction option might create a number of issues for smaller shop owners, their union Povek said...
Germany buys Dubai data to track possible tax evasion
Germany has bought a trove of data that could help treasury officials track down possible tax evasion by wealthy German citizens, Finance Minister Olaf Scholz...
Cypriot football club linked to tax evasion scheme in Spain (Updated)
Several prominent football agents were reportedly arranging fake transfers through Cypriot football club Apollon Limassol allegedly to launder money and evade taxes, Spanish newspaper El...
Government seeks to bolster tax collection ability (Updated)
The cabinet on Wednesday approved a bill aimed at bolstering the state’s tax collecting ability, including a provision mandating the submission of tax returns by...
Cyprus and UK urged to work together to fight illicit finance
Cyprus and UK should strengthen their partnership in combatting illicit finance, British High Commissioner Stephen Lillie said on Wednesday. At a conference on combatting illicit...
Suspect wanted in Germany for €10m tax evasion flees
A 45-year-old Chinese man arrested in Cyprus last year on a European arrest warrant issued in Germany in connection with tax evasion has apparently fled...
‘Not all doctors are dishonest’ medical association says
Not all doctors are dishonest and under-declare their income to the taxman, while those who do should be found and penalised under the law, the...
