House approves petrol tax cut by seven cents a litre (Update 2)
Parliament on Thursday passed a law cutting tax on petrol and diesel by seven cents a litre, as the finance minister announced an extension on the period for reduced VAT ...
‘No turning back’ on tax reform
‘There is no turning back’ but no changes likely next year
The carbon tax, increased taxation on fossil fuels and ‘green rates’ which the finance minister warned of when presenting ...
Petrides in push to increase tax office’s efficiency
Finance Minister Constantinos Petrides on Wednesday said it was very important to increase the tax department’s efficiency, citing its role as a source of funding for the state’s ...
Finance Minister says G7 minimum tax agreement does not affect Cyprus (Updated)
The G7 agreement on corporate minimum taxation does not appear to affect Cyprus, which plans to hold a constructive stance during discussions but at the same time secure its interests, ...
Law passed levying 0.4% on all immovable property sales
The House of Representatives on Thursday passed a law levying a 0.4 per cent tax on all sales of immovable property, the proceeds of which to go toward supporting Greek Cypriot ...