#tax

A new property tax was introduced in 2021, but because of a mistake at the House, the tax didn’t actually come into effect until 2022. It is a tax of 0.4 per ...

A ten-year legal battle was won by the expats, but nothing has changed Residents of Aphrodite Hills and Ha Potami, nestled within the scenic Kouklia village in the Paphos district, ...

The north’s ‘finance ministry’ on Saturday revealed the top three tax-paying companies and individuals over the course of 2022. The highest tax-paying company was Turkish bank Turkiye Is Bankasi, which ...

Lack of controls by authorities enables illegalities The system of taxation of real estate seems to leave enough room for exploitation and tax avoidance, due to loopholes in the legislation ...

It hurts the economy, society and the environment Under the democratic system of Cyprus the executive and legislative branches of government are elected by the people to serve the people. ...

The tax break scheme for attracting foreign high earners and bringing in qualified professionals to sectors such as IT has been a success, said the permanent secretary at the finance ...

The Tax Department said on Tuesday that an amending law providing for income tax exemptions for non-residents of Cyprus has come into effect, and that the relevant tax form would ...

It was encouraging to hear Finance Minister Makis Keravnos defending the government’s decision to end the subsidy of all electricity bills and the reduction of the consumer tax on ...

Inland Revenue warned on Saturday that electronic messages are circulating with the government domain @gov.cy purporting to be from the tax office and requesting banking information from recipients “in ...

The new online tax payment system Tax For All went live on Monday, replacing the old Taxisnet system. To allow users to familiarise with the new system, the tax department ...

New online tax payment system Tax For All will launch on March 27, replacing Taxisnet, the tax department said on Monday. Speaking to state broadcaster CyBC on Monday, Tax Commissioner Sotiris ...

The ‘government’ in the north on Tuesday officially repealed a decree to tax people’s salaries to provide earthquake relief to Turkey. According Yeni Duzen, the official decision of the ‘...

The European Union on Tuesday announced that it had added the British Virgin Islands, Costa Rica, Marshall Islands and Russia to its list of non-cooperative jurisdictions for tax purposes. This ...

Lawmakers on Monday began discussion of a bill seeking to tax the sale of second-hand jewellery and precious metals. In recent years, particularly in the wake of the 2013 financial crash, ...

The land and surveys department on Thursday published its new evaluations for January 1, 2021, covering a total of 1,660,048 properties — 25,102 or 1.5 per cent more than the 2018 survey. The total value of the ...

Supermarkets in the north were emptied of alcohol after news hit of a big price hike to be slapped on them through increased taxation. Some shop owners pre-emptively took bottles ...

Parliament on Thursday passed a law cutting tax on petrol and diesel by seven cents a litre, as the finance minister announced an extension on the period for reduced VAT ...

‘There is no turning back’ but no changes likely next year The carbon tax, increased taxation on fossil fuels and ‘green rates’ which the finance minister warned of when presenting ...

Finance Minister Constantinos Petrides on Wednesday said it was very important to increase the tax department’s efficiency, citing its role as a source of funding for the state’s ...

The G7 agreement on corporate minimum taxation does not appear to affect Cyprus, which plans to hold a constructive stance during discussions but at the same time secure its interests, ...

The House of Representatives on Thursday passed a law levying a 0.4 per cent tax on all sales of immovable property, the proceeds of which to go toward supporting Greek Cypriot ...