Tag: tax

Cyprus tax revenues hit €7.3 billion in 2023

Economy August 12, 2025 at 12:50

Cyprus tax revenues 2023 reached €7.3 billion, with both direct and indirect taxes recording strong growth, according to the Republic’s audited financial statements for...

EU proposes €2 handling fee on parcels from Shein and Temu

Economy May 27, 2025 at 11:19

A "Euro-tax" of €2 is set to be introduced on all online shopping parcels imported from China. The European Commission plans to impose a...

Government to enforce law on football club debts

Economy January 23, 2025 at 10:49

The President of the Republic’s instructions regarding football clubs’ and companies’ debts to the state are to enforce the law, stated Deputy Government Spokesperson...

Trump stirs tariff pot with fresh threats on EU

Economy January 22, 2025 at 10:14

US President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on...

Extra taxation for banks unavoidable

Economy December 19, 2024 at 14:54

The government expects additional revenue of €200–250 million in 2026 from the corporate tax increase to 15% for multinationals, passed by Parliament last Thursday. While...

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