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Cyprus News




EU Commission Warns Of Tax Scam Letters

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 12, 2017

The European Commission has warned taxpayers in Europe of letters being sent by fraudsters bearing its name and demanding the payment of tax not due. Read Full Story

 


Cyprus Should Reinstate Immovable Property Tax: IMF

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 9, 2017

Cyprus should consider reinstating the immovably property tax to boost revenues, the International Monetary Fund has said. Read Full Story

 


EU's PANA Committee Visits Switzerland

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 15, 2017

A delegation from the European Parliament's PANA Committee will travel to Switzerland to discuss the efforts being taken to combat money laundering, terrorist financing, and tax offences. Read Full Story

 


EU Car Makers Fear Tax Hike For New Cars

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, August 2, 2017

European car manufacturers have called on governments to ensure that a new test for measuring vehicle emissions does not create tax distortions for new cars entering the market. Read Full Story

 


Cyprus Opens New Tax Amnesty For Past Tax Dues

by Jason Gorringe, Tax-News.com, London

Friday, July 14, 2017

Cyprus's Tax Department has released details of a tax amnesty, which entered into force on July 3, 2017. Read Full Story

 


New EU Agency To Pursue VAT Fraudsters

by Ulrika Lomas, Tax-news.com, Brussels

Friday, June 9, 2017

Twenty EU member states have reached a deal on the establishment of a new European Public Prosecutor's Office that will have the power to investigate and prosecute criminal cases affecting the EU budget. Read Full Story

 


Tax 'Lost' In Panama Papers Worth Up To EUR237bn For EU

by Mary Swire, Tax-news.com, Hong Kong

Tuesday, May 2, 2017

The total loss to EU member states from the schemes revealed in the Panama Papers could be in the region of between EUR109bn (USD119bn) to EUR237bn, according to a new study commissioned by the European Parliament's PANA committee. Read Full Story

 


Cyprus, India Tax Treaty To Take Effect In 2017

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, December 28, 2016

The revised double tax avoidance agreement between India and Cyprus will take effect from April 1, 2017, India's Central Board of Direct Taxes has announced. Read Full Story

 


Tax Rose In 20 EU States In 2015, Says Eurostat Report

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, November 9, 2016

The European Union statistics agency, Eurostat, has released new figures concerning member states' tax revenue collections and their tax mixes for 2015. Read Full Story

 


Italian Police Breaks Up Europe-Wide VAT Fraud Ring

by Ulrika Lomas, Tax-News.com, Bussels

Friday, October 14, 2016

On October 12, the Italian financial police said it had broke up a value-added tax fraud ring allegedly involved in transactions totaling EUR930m, through 180 companies in 15 European Union (EU) countries. Read Full Story

 

 

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