Cyprus must find ‘golden ratio’ with new minimum tax rate
Partner and head of international tax services at advisory and consulting firm PwC Cyprus Stelios Violaris recently examined the adoption of the minimum tax rate...
VAT
Cyprus Business Now
Cyprus VAT Association (Cyva) president Demetra Constantinou this week provided a summary of the benefits, services, and the reason for establishing the association. Constantinou stated...
Cabinet extends reduction on fuel prices to January (updated)
Cabinet on Friday extended a cap on the consumption tax imposed on fuel at the pump until January 15, 2023. The cabinet meeting, chaired by...
Searching for compromise over VAT on properties
Lawmakers and industry stakeholders remained unsatisfied on Monday with a revised government bill aiming to tweak the granting of reduced VAT on the purchase of...
Paralimni shopkeepers SOS for aid ‘before it’s too late’
Paralimni shopkeepers say they are struggling to survive and are crying out for help and support from the government, “before it’s too late”, asking for...
Petrides warns opposition on VAT: don’t make comparisons with Germany (updated)
Finance Minister Constantinos Petrides has warned opposition parties not to start “making noises” about Germany seeking a VAT exemption on a new consumer levy on...
Anastasiades takes VAT cuts on fuel and electricity to supreme court
President Nicos Anastasiades has filed a petition to the Supreme Court related to two laws concerning the reduction of VAT on fuel and electricity, following...
House meets after president sends back bills
The House plenary is holding an extraordinary session on Tuesday after President Nicos Anastasiades sent back three bills approved by MPs recently – two relating...
President sends back foreclosure and VAT bills
President Nicos Anastasiades has refused to sign off on and has sent back to parliament three bills passed by the House recently – two relating...
President mulls next move after House votes on VAT
President Nicos Anastasiades on Friday urged patience as he awaits the attorney general’s opinion on whether bills approved by the House plenary on Thursday regarding...
