One hundred taxpayers owe VAT of over €100 million and the Tax Department has started sending out letters asking them to settle their overdue bills or face criminal charges.In statements to CNA,...
Cyprus and Egypt signed on Tuesday an updated Agreement for the Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Fiscal Evasion and Avoidance, incorporating the...
10/10/2019
Minister of Finance Harris Georgiades said on Thursday that the government would introduce in 2021 a “Green Tax Reform”. Georgiades was speaking to the press on the sidelines of the 20th Global...
27/09/2019
Cyprus is considering updating its tonnage tax system and its pricing policy for the registration of ships as part of targeted measures to enhance the competitiveness of the Cyprus shipping industry...
09/09/2019
Cyprus recorded a General Government surplus of € 769.7 million or 3.7% of GDP, in the period January-September 2018, according to data released Monday by the Statistical Service of Cyprus. The...
30/10/2018
The Cyprus Investment Promotion Industry (Invest Cyprus) launched on Tuesday the Scheme for the promotion of the filming industry, presenting the online platform (film.investcyprus.org.cy) through...
12/09/2018
Cyprus and Kazakhstan have concluded a convention on avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income, a press release from the Ministry of Finance said ...
20/06/2018
Republic of Cyprus and the Principality of Andorra signed Friday the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income at Elsinore...
18/05/2018
Cyprus and Saudi Arabia signed on Wednesday a Convention for the avoidance of double taxation with respect to taxes on income and for the prevention of tax evasion. The Convention was signed during...
03/01/2018
Approximately 5,990 arrangements for overdue tax debts of about € 191,6 million have been made by Tuesday evening, according to the latest data from the Department of Taxation , seen by CNA. After...
15/12/2017