According to the Annual Report of the Auditing Service submitted to President Papadopoulos on Thursday, hundreds of millions of pounds from taxes have remained uncollected for many years now. “The...
Two weeks before the expiry of the deadline of the special tax ratio of 5%, revenues from the tax amnesty have reached £16 million, which is 1/3 of the total expectations of the Finance Ministry,...
24/11/2004
The campaign of the VAT Service to collect the amounts due to the VAT continues at a quick pace. After the amendment of the legal and regulatory framework pursuant to the harmonization procedure,...
18/11/2004
The revenues of the Inland Revenue Department for January-October 2004 are beyond any expectations. According to the latest IRD data for January-October, state revenues from direct taxation (income...
17/11/2004
Despite the low effectiveness of the tax amnesty as a measure of fiscal consolidation, the Cypriot citizens have showed the first signs of interest, after the launch of the official campaign....
27/10/2004
“The convergence in the views between the MPs and the Finance Ministry will allow the promotion of the legislative regulation for the elimination of tax evasion”, Finance Minister, Makis Keravnos...
26/10/2004
According to StockWatch official data, the revenues of the Inland Revenue Department in September 2004 recorded an increase of 19% compared to the corresponding month of 2003, while total revenues...
18/10/2004
Many Cypriot citizens expressed their interest for the tax amnesty during the first day of submission of the relevant application, Special Tax Liabilities Administration Committee, Theofilos...
06/09/2004
The message is clear: Current conditions demand the imposition of taxes, since the government’s measures to strengthen the state funds, such as the tax amnesty and the legalization of the illegal...
23/07/2004
It is still unknown when the new legislation on the tax amnesty of the secret accounts will become effective. Although the Council of Ministers authorized the Finance Minister on Wednesday to...
22/07/2004