Around one third of imported scrap tyres evade eco fee
About a third of imported scrap tyres pass through the port in Limassol without being subject to an environmental fee, while thousands of tyres end...
taxes
EU tightens the screws on shell companies
The European Union and the Executive Vice-President for an Economy that Works for People Valdis Dombrovskis launched an initiative this week to further restrict tax...
Most Cypriots favour higher taxes and Covid-style measures for climate – EIB poll
Some 67 per cent of Cypriots are in favour of stricter government measures tackling climate change, even if this would impose significant changes in people’s...
Taxpayers urged to file returns by December 15 deadline or face fine
Based on the number of tax returns already filed or on temporary submission status, inland revenue expects the number of taxpayers submitting their returns this...
Customs seize hundreds of items, impose fines
By Becky Kammitsi The customs department said Monday it had seized 21,380 cigarettes, 25.8kg of rolling tobacco, 230 cigars, 400 Heets and 14 vehicles between...
Some Gesy doctors are potential tax cheats, inland revenue boss says
Doctors enrolled with the national health scheme (Gesy) may be engaging in tax avoidance by exploiting a loophole in the law, while over 100 physicians...
Cyprus’ overall tax-to-GDP ratio at 33.8 per cent, lower than EU average
The overall tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of Gross Domestic Product (GDP), stood at 33.8 per...
Hoteliers ask for tax exemptions over Thomas Cook
Hoteliers want to be exempted from paying taxes on invoices, which will not be paid following the collapse of tour operator Thomas Cook, it emerged...
Trump ‘not inclined’ to release tax returns despite Congress’ deadline -White House
U.S. President Donald Trump is unlikely hand over his tax returns to lawmakers despite a Tuesday deadline facing the Treasury Department and Internal Revenue Service,...
Our View: Is it any wonder we try to avoid paying tax?
ONE of the main arguments used against those filling their cars with petrol in the north is that they are using fuel for which they...
