Cyprus firms want fairer tax reform

President Gitanas Nausėda is not surprised that business representatives criticize the tax changes being prepared by the Government and ask for some of them to be canceled. According to the head of state, business always views any tax changes negatively. However, according to G. Nausėda, among the proposals submitted by the ruling majority, there are aspects that the Presidency accepts positively. “I have never heard anywhere that business orga…

ICPAC submits 14 new suggestions for Cyprus tax system

The Institute of Certified Public Accountants of Cyprus (ICPAC) has submitted its positions on the proposed tax reform to the Minister of Finance, Makis Keravnos, including a set of 14 new suggestions aimed at refining the tax system.   The suggestions were made within the context of a recent consultation based on the University of Cyprus’ Economics Research Centre’s recommendations.  ICPAC has proposed measures such as tax loss carry forward, q…

Cyprus firms want fairer tax reform

The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform.