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61. K. Treppides & Co Ltd: Digitalization of the Global Tax Administration

In the era of the coronavirus pandemic, the digital revolution, and the ever-evolving globalization, the digitalization of the tax administration seems to be a one-way route. But what exactly is the digitalization of the tax administration and how this will affect the tax function around the globe?...

62. Boris Becker faces jail term for failing to declare his millions

Three-time Wimbledon champion Boris Becker could be sent to jail today as he faces a sentence for flouting the terms of his 2017 bankruptcy....

63. Historic leak of Swiss banking records reveals unsavory clients

Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....

64. 'We are ready to consider other alternatives'

“If this project is practically feasible, (if) we can meet the great geological challenges and, at the same time it is financially viable, then there is the political will to implement it,”...

65. Cypriot minister picks tax battle on Twitter

Cypriot Finance Minister Constantinos Petrides lashed out at critics this weekend, saying his country was in favor of setting a global minimum tax for corporations despite not having signed on the dotted line...

66. Increasing the efficiency of the tax department

The increase of the efficiency of the Tax Department, both for the collection of taxes and for the service of the public is of the utmost importance...

67. Commission warns Cyprus over lacking anti-money laundering legislation

The European Commission on Friday sent a reasoned opinion to Cyprus for failing to transpose the 5th Anti-Money Laundering Directive (AMLD5) into national law....

68. Reynders: 'golden passport' schemes must be abolished

The EU Commissioner for Justice Didier Reynders briefed the plenary of the European Parliament on Thursday on the Commission’s decision to initiate infringement proceedings against Cyprus and Malta in view of their ‘golden passports’ schemes which appear to be in violation of EU law....

69. Foreigners cramped in 5x5 units in Paphos

Paphos Mayor Phedonas Phedonos has pointed the finger at white collar crimes after a “shocking experience” Monday night when he saw first-hand foreign nationals living in poor conditions in violation of city ordinances...

70. Nicosia mayor weighs in on migrant housing

Nicosia Mayor Constantinos Yiorkadjis has suggested asylum applicants be barred from residing downtown until their applications are adjudicated, while also calling on the government for a 'clearer housing policy'...

71. KISA weighs in on downtown clashes

An NGO director in Cyprus is challenging the notion that foreign rival gangs have desolated the historic centre of the capital, saying bad practices by some local employment agencies are often behind many disputes including a fatal incident last Sunday...

72. Mixed reviews on anti-money laundering

A US State Department anti-money laundering report on Cyprus includes fewer negative references but still points to vulnerabilities in the island’s financial services and gaming sectors...

73. Football and Money Laundering

It has been identified years back at European and global level, that sports and especially football is being used by criminals to launder dirty money and derive illegal income...

74. Overtaxation led to tax evasion

Losses incurred by the state coffers due to tax evasion in 2014-17 were greater than the value-added tax revenue increase as a result of consecutive tax hikes, according to a European Commission report on the so-called VAT deficit (the difference between the expected VAT revenues and actual collections)...

75. Extradition flop cases back in the spotlight

A number of legal ‘faux pas’ in failed extraditions have reappeared in the local press, including that of an alleged mystery spy, following the failure of Cypriot authorities to extradite a Kurdish man wanted by Germany on terrorism-related charges...

76. Cyprus and Kazakhstan sign double taxation avoidance agreement

77. Kenyan tycoon with Cypriot passport files lawsuit

A Kenyan business tycoon who also holds a Cypriot passport is suing authorities in his native country alleging he is being prosecuted unfairly for not disclosing his dual citizenship...

78. European Parliament report accuses seven countries, including Cyprus, of acting as tax havens

The European Parliament urged EU member states on Tuesday to curb money-laundering in the bloc by ending programs to sell visas and passports, a step the multi-billion-dollar industry said would cause economic damage....

79. Checking of Greeks cash abroad begins

The tax administration now has data concerning Greeks with deposits, dividends, shares and real estate abroad over the last couple of years, in the context of the automatic exchange of information....

80. Man busted in illicit tobacco trade

A man in Limassol has been arrested on charges of illicit tobacco trade, when cops discovered close to a thousand packets of cigarettes in his van...

81. Cyprus Tax Webcast, January 2019

Watch the new Deloitte Tax Webcast for January 2019 presented by Mr. Pieris Markou, Deloitte Tax & Legal Services Leader...

82. Transparent rules for all on EU citizenship Katainen says

83. Anastasiades: Cyprus unfairly targeted by EU over citizenship scheme

84. President reminds doctors of Hippocratic Oath

The president is calling on private doctors who exaggerate on their demands to “come down to earth” and join health reform, as public good should come ahead of private wealth...

85. Hellenic Bank’s Economic Review

86. There is no economic bubble says Finance Minister

87. Tax declaration to become obligatory irrespective of income

88. Bosnian man to be extradited to Belgium

Cyprus police arrested a foreign national on Wednesday as part of a secret international operation against fraud and match-fixing in European football...

89. Airbnb complies with EU demands

Airbnb online platform has complied with EU demands aimed at curbing anti-competitive practices, following pressure and hefty fines handed down to a number of companies...

90. Cyprus Airbnb bill gives neighbors a say

A nearly-complete Airbnb bill is heading back to the House committee, where a number of issues including tax exemptions and apartment rentals will need further clarification...