The cash that have flown into the state funds from the tax liabilities of the profits from the CSE transactions in 1999 amount to £10 million, StockWatch sources revealed on Wednesday. This sum has...
The possible enactment of the provision of incentives to the repatriated capital within the framework of the legislative regulation of the secret accounts and the tax amnesty is an unfair competition...
18/02/2004
Investors who were urged by the government to pay taxes for the CSE gains in 1999 decided on Tuesday to appeal against the decision of the Income Tax, in cooperation with the Investors’ Association,...
03/02/2004
The increase of the Value Added Tax in a number of products (either to 5% or to 15%) after the upcoming Cyprus’ accession in the European Union is obligatory. The reduced tax ratio of 5% will be...
08/01/2004
The Cyprus Finance Ministry decided to maintain its silence with regard to the provisions of the regulation for the imposition of the VAT in the purchase of property. According to StockWatch sources...
07/01/2004
Manager of the Inland Revenue Department, Giorgos Poufos urged investors through StockWatch on Monday to pay the taxes for the CSE gains in 1999, explaining that pursuant to the current legislation,...
05/01/2004
Banks and opposition party DISY, expressed today their concern about the impact of the proposed partical lifting of banking secrecy on the value of the Cyprus pound. After the meeting between the...
10/12/2003
Speaking after the completion of the meeting of the House Commerce Committee, Finance Minister, Marcos Kyprianou expressed his readiness to start talks with the commercial banks on the partial...
09/12/2003
Finance Minister, Marcos Kyprianou said on Monday that the partial lifting of the banking secrecy will eliminate tax evasion and noted that the provision of information by the banks to the Income Tax...
08/12/2003
The proposal of the three MPs, Aristos Chrysostomou, Stavros Evagorou and Marinos Sizopoulos on the favourable tax regulation of the secret accounts will be submitted before the House Finance...
08/12/2003