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20th April 2024
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Concerns over taxman control in property transfers

Property transfers dependence on the payment of outstanding tax obligations are being discussed by lawmakers, with the chairman of the House Finance Committee expressing concern that it could be unconstitutional.

Immovable Property Tax refunds on their way

Those who paid their Immovable Property Tax for 2013 prior to the changes agreed by parliament on 18th October should soon an envelope from the Inland Revenue Department with a refund.

Special unit for tax dodgers

In the wake of yesterday's report about the thirty two property development companies that have yet to settle their large Immovable Property Tax bills, the government is planning a special unit to deal with tax dodgers.

Majority have paid their Immovable Property Tax

The Inland Revenue Department had collected around €93 million in Immovable Property Tax by lunchtime yesterday from some 207,000 registered property owners according to reports.

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