All reports tagged with: "property tax"
Yet another Immovable Property Tax scam
Just when we thought we had reported all of the Cyprus Immovable Property Tax scams, yet another one rears its ugly head; this time by a well-known Paphos-based developer.
Cyprus government set to increase property tax
The government of Cyprus is expecting to collect an additional €10 million to €20 million in taxes from property owners in a bill designed to increase state revenues to combat the recession.
Revised property taxes and planning amnesty
The Cyprus government is banking on a second term in office to implement its revised property tax system which will be based on current property values rather than those of 1980.
Ministers to examine property tax in Cyprus
The Cyprus Interior and Finance Ministers are to examine different scenarios for revising property taxes designed to increase the inflow of revenue into state coffers.
CPAG update on transfer taxes and IPT
Earlier today CPAG, the Cyprus Property Action Group, issued an update regarding transfer taxes (Property Transfer Fees) and IPT (Immovable Property Tax)
Cyprus hotel and tourist associations oppose taxes
The Association of Cyprus Tourist Enterprises, STEK, and the Cyprus Hotel Association, PASYXE, are the latest groups to announce their opposition to the governments’ proposals on property tax.
Approach to property tax causing confusion
The Cyprus government plans to raise money by adjusting the valuation of real estate, which is still being calculated at 1980 prices, has sparked a political storm that has added to the general confusion surrounding the issue.
Cyprus ministers confirm property tax plan
Following their meeting earlier today, the Cyprus Finance and Interior Ministers have confirmed the government plans for its proposed reappraisal of the Island’s property tax system.
Taxing meeting for Cyprus ministers
The Interior and Finance Ministers of Cyprus are meeting today to discuss the technical issues involved in implementing the recently announced proposals for reassessing the Island’s property tax rates.
Cyprus property tax hike attacked
The Cyprus Democratic Rally Party’s Vice President, Averof Neophytou, has attacked the proposed tax hike on property calling it a tax raid by the government on 90% of Cypriot citizens.
