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12° Nicosia,
15 February, 2025
 

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Displaying results 1-30 of 244 matches for query taxes.

1. NASDAQ-listed Freedom24 is making its mark in Cyprus and beyond

https://knews.kathimerini.com.cy/en/business/nasdaq-listed-freedom-24-is-making-its-mark-in-cyprus-and-beyond

When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...

2. Cyprus’ tax reform aiming for innovation, sustainability, and simplicity

https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-aiming-for-innovation-sustainability-and-simplicity

A major tax reform is underway in Cyprus as part of the Tax Transformation Project, led by the Centre for Economic Research (CER) at the University of Cyprus. ...

3. How Abramovich evaded millions in taxes using Cyprus

https://knews.kathimerini.com.cy/en/news/how-abramovich-evaded-millions-in-taxes-using-cyprus

A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....

4. European Parliament seeks Cypriot administrators

https://knews.kathimerini.com.cy/en/news/european-parliament-seeks-cypriot-administrators

In a significant move to address imbalances in staff representation, the European Parliament has launched a competition aimed specifically at Cypriot nationals....

5. 100% tax on foreign buyers in Spain

https://knews.kathimerini.com.cy/en/news/100-tax-on-foreign-buyers-in-spain

Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....

6. It was a low bar

https://knews.kathimerini.com.cy/en/comment/opinion/it-was-a-low-bar

The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...

7. The International Ombudsman Institute: Advocating for fairness and justice across Europe

https://knews.kathimerini.com.cy/en/news/the-international-ombudsman-institute-advocating-for-fairness-and-justice-across-europe

The International Ombudsman Institute (IOI) is a global organization that brings together over 200 Ombudsman offices from more than 100 countries. ...

8. Funeral parlors accused of paying bribes for bodies

https://knews.kathimerini.com.cy/en/news/funeral-parlors-accused-of-paying-bribes-for-bodies

Licensed funeral parlor owners in Cyprus are raising alarm over what they describe as an alarming trend of illegal funeral homes bribing hospital workers to secure the bodies of the deceased. ...

9. Offside with the taxman as football execs face €35.5M penalty shootout

https://knews.kathimerini.com.cy/en/news/offside-with-the-taxman-as-football-execs-face-€35-5m-penalty-shootout

The technocrats of the Tax Department are continuing the process of finalizing indictments against football clubs....

10. Cyprus banks see €1 billion in profits as NPL's decline in 2024

https://knews.kathimerini.com.cy/en/news/cyprus-banks-see-€1-billion-in-profits-as-npl-s-decline-in-2024

Cypriot banks reported impressive financial growth in the first nine months of 2024, with total profits reaching €952.5 million after taxes, a sharp rise from €602.92 million by mid-year. ...

11. President's banking measures spark surge in first-home loans

https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans

President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....

12. Cyprus increases interest rates on arrears and court cases for 2025

https://knews.kathimerini.com.cy/en/news/cyprus-increases-interest-rates-on-arrears-and-court-cases-for-2025

Starting January 1, 2025, Cyprus is increasing interest rates related to arrears and court cases, which could affect anyone with overdue debts to the state or those involved in legal disputes....

13. The bizonal myth: Reuniting Cyprus by keeping it apart

https://knews.kathimerini.com.cy/en/comment/opinion/the-bizonal-myth-reuniting-cyprus-by-keeping-it-apart

Nearly half a century since the term ''Bizonal Bicommunal Federation'' entered the political discourse in Cyprus, no political party or government has ever explained to the public what this term truly means....

14. Banks under fire: How public pressure forced a shake-up

https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up

Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...

15. Finance Minister signs agreements on crypto and tax info sharing

https://knews.kathimerini.com.cy/en/business/finance-minister-signs-agreements-on-cryptocurrency-and-tax-information-sharing

Cyprus' Finance Minister, Makis Keravnos, has officially signed the Multilateral Competent Authority Agreements (MCAA) under the Global Forum of the Organization for Economic Cooperation and Development (OECD)....

16. Parliament rejects AKEL’s 5% bank tax bill after tense showdown

https://knews.kathimerini.com.cy/en/business/parliament-rejects-akel-s-5-bank-tax-bill-after-tense-showdown

A dramatic session in parliament ended with the rejection of a contentious proposal by the opposition party AKEL, which aimed to impose an extraordinary 5% solidarity tax on bank interest income for 2024 and 2025. ...

17. A critical step for economic growth in Cyprus includes tax reform

https://knews.kathimerini.com.cy/en/business/minister-of-finance-outlines-plans-for-a-fairer-more-efficient-and-globally-competitive-tax-system

Speaking at an Open Discussion Event organized by the G.R.M. Professional Training Center at the St. Raphael Resort in Limassol, under the theme “The Upcoming Tax Reform in Cyprus: Purpose, Guidelines, and Timelines,” the Minister announced that a comprehensive meeting is planned for early 2025....

18. Biden breaks promise to Americans and pardons son

https://knews.kathimerini.com.cy/en/news/biden-breaks-promise-to-americans-and-pardons-son

President Joe Biden has stirred significant controversy by granting a full and unconditional pardon to his son, Hunter Biden, despite his previous assurance that he would not intervene in his son’s legal troubles....

19. Laiki Bank liquidator raises €90.8 million for depositor compensation

https://knews.kathimerini.com.cy/en/business/laiki-bank-liquidator-raises-€90-8-million-for-depositor-compensation

According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....

20. Was Trump really the only option for the working class in 2024?

https://knews.kathimerini.com.cy/en/comment/opinion/was-trump-really-the-only-option-for-the-working-class-in-2024

What makes a political comeback genuinely remarkable? Is it policy, charm, or a connection to the people? ...

21. What Trump’s election could mean for American taxpayers

https://knews.kathimerini.com.cy/en/news/what-trump-s-election-could-mean-for-american-taxpayers

A Donald Trump presidential election victory would have huge implications for US trade policy......

22. Trump declares victory: ''God spared me to save the country''

https://knews.kathimerini.com.cy/en/news/trump-declares-victory-god-spared-me-to-save-the-country

Donald Trump has done it again. Not only is he back in the White House, but he’s also making history as the first former president to win a second, non-consecutive term....

23. The New Era of Accounting Services: A Complete Solution for CFOs

https://knews.kathimerini.com.cy/en/news/the-new-era-of-accounting-services-a-complete-solution-for-cfos

Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....

24. Cyprus seeks to amend recovery plan amid project struggles

https://knews.kathimerini.com.cy/en/news/cyprus-seeks-to-amend-recovery-plan-amid-project-struggles

The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...

25. Cyprus surpasses pre-pandemic financial levels with growing surplus

https://knews.kathimerini.com.cy/en/business/cyprus-surpasses-pre-pandemic-financial-levels-with-growing-surplus

Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....

26. Scam warning: Don’t fall for fake delivery fees from 'Cyprus Post'

https://knews.kathimerini.com.cy/en/news/scam-warning-don-t-fall-for-fake-delivery-fees-from-cyprus-post

The Cyprus Police are urging the public to exercise caution following reports of a new scam involving fraudulent emails related to package deliveries....

27. Bank profits in crosshairs as tax talks heat up

https://knews.kathimerini.com.cy/en/news/bank-profits-in-crosshairs-as-tax-talks-heat-up

The future of a special tax on bank deposits paid to the state may be heading for a shift, though a final decision is not guaranteed. ...

28. ECB to review AKEL’s proposed bank tax amid financial concerns

https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns

The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...

29. Cyprus credit rating upgrade: A boon for investors, but what about citizens?

https://knews.kathimerini.com.cy/en/business/cyprus-credit-rating-upgrade-a-boon-for-investors-but-what-about-citizens

Cyprus has recently received good news from the credit rating agency Capital Intelligence (CI), which upgraded the country’s credit ratings, according to Kathimerinni's Dorita Yiannakou. ...

30. Cyprus and Netherlands finalize double taxation treaty for Curacao

https://knews.kathimerini.com.cy/en/business/cyprus-and-netherlands-finalize-double-taxation-treaty-for-curacao

Cyprus and the Netherlands have successfully concluded negotiations on a Double Taxation Treaty concerning Curacao, a Caribbean island that is part of the Kingdom of the Netherlands....

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