Tag: tax

Cyprus tax revenues hit €7.3 billion in 2023

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

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

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

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

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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Ukrainian arrested in Italy over Nord Stream blast

German prosecutors say a Ukrainian man has been arrested...

Europe must shoulder ‘lion’s share’ of Ukraine’s security

European countries will have to shoulder the “lion’s share”...

Environmental groups call for accountability over Akamas violations

Environmental organisations in Cyprus are calling for urgent transparency...

Scandal: tourist filmed pole dancing on Turkey flagpole

A scandal has erupted in Turkey after a tourist...
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