The Administration of the Ministry of Finance has announced the upcoming amendment of the Intellectual Property tax regime. The said amendment will incorporate the recommendations of Action 5 of the...
From January 1, 2016, for new customers, banks will have to request and receive information on the country of tax residence as well as on the tax identification number, for non-tax residents of...
The government has collected 84.48 million euro from the immovable property tax 2015 by December 3, which responds to 82.25% of the total amount owed. The total discount granted to tax-payers who...
Cyprus and Ukraine signed today a protocol amending the convention for the avoidance of double taxation between the two countries. According to an announcement by the ministry of finance, on...
Part of the €627 mn deposits of Cypriots found in a Swiss bank according to the Lagarde list, are heading to tax authorities. Finance Minister Haris Georgiades who spoke on national radio this...
A reduction of taxes paid by businesses and employees can contribute to increasing growth, following a period of recession, says the Ministry of Finance, in a note regarding the improvement of the...
The Central Bank must deliver data on persons relating to deposit outflows, to the commissioner of taxation, said the new commissioner of personal data protection Irene Loizidou Nicolaidou,...
Minister of Finance Harris Georgiades said Special Defence Tax on interest income which is currently at 30% may be reduced to the EU average in the future but only if the state of the public finances...
Finance Minister Haris Georgiades doubts, whether Cyprus has the expertise to process in the best way the notorious Lagarde list, which includes names of natural and legal persons who held deposits...
The deal between the Cypriot and Ukrainian government to amend the bilateral agreement on the avoidance of double taxation, creates expectations that Cyprus will maintain its status as the leader in...