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  • Aristo trial postponed

    Aristo trial postponed

    The trial of Theodoros Aristodemou, the founder and MD of Aristo Developers Limited and former Chairman of the Board of Directors of the Bank of Cyprus, and others has been postponed.

  • Paying Immovable Property Tax 2014

    Paying Immovable Property Tax 2014

    I am grateful to Mr. Christofi at the Tax Department in Nicosia for the following information concerning the payment of Immovable Property Tax by those who have yet to receive their Title Deeds.

  • Hasikos admits valuations mistakes

    Hasikos admits valuations mistakes

    The Cyprus Interior Minister, Socrates Hasikos, has admitted that mistakes were made during the recent property revaluations exercise undertaken as part of the island’s bailout agreement.

  • More Recent Reports

  • Eighty per cent IPT revenue collected

    Eighty per cent IPT revenue collected

    In 2013 the Cyprus government collected €98 million Immovable Property Tax (IPT), approximately 80 per cent of the total according to figures provided to Parliament by the Finance Ministry...
  • Thirty companies owe €100m in VAT

    Thirty companies owe €100m in VAT

    The Greek language newspaper Politis has published the names of thirty companies who together owe the more than €100 million in VAT most of whom have challenged all or part of the debt...
  • Paphos mayor in court today (Update)

    Paphos mayor in court today (Update)

    Savvas Vergas, the Paphos mayor, is scheduled to appear before the Paphos District Court today in connection with threatening SMS messages sent to a number of people involved in the Aristo case...
  • No foreclosure law no money

    No foreclosure law no money

    Eurogroup President Jeroen Dijsselbloem told a news conference that putting legislation in place to deal with the high level of non-performing loans (NPLs) is essential for Cyprus to return to financial health...
  • Aristodemou: trial date set (update)

    Aristodemou: trial date set (update)

    The boss of Aristo Developers, Theodoros Aristodemou, and three of the other four suspects in the alleged Skali land scam were released under terms on Tuesday until their trial on 30 October...

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