Costas Tsielepis & Co releases all-new website
Limassol - Costas Tsielepis & Co Ltd has just released its all-new website at www.tsielepis.com.cy. The website was redesigned, rebranded and rewritten from the ground up. It features an all-new…
Tax treaty negotiations between Russia and the Netherlands collapse
Moscow – The Netherlands disagrees with the Russian proposal to amend their tax treaty, as “it takes too limited account of real economic activities” the Russian News Agency (TASS) quoted…
Cyprus-Russia tax treaty amended
25 August 2020 - Cyprus and Russia have agreed on an amendment of their 1998 tax treaty, earlier this month. The agreement was reached following negotiations between the two countries’…
Deposits and loans in Cyprus on the rise
Nicosia - Deposits and loans in the Cyprus banking system registered a net increase in June with total deposits amounting to €47.8 billion and total loans to €32.2 billion. Data…
a multiple exposure of some piles of euro coins and a flag of the European Union
Cyprus raises €1 bln in double European bond issue
Nicosia - Cyprus raised earlier this month €1 billion in a double European bond issue through the reopening of existing bonds maturing on 3 December 2024 and 21 January 2040.…
Tax Portal is now live
Nicosia - The Cyprus Tax Department launched in early July its much-awaited digital Tax Portal, putting an end to tax payments at local district offices on 1 September 2020. The…
Cyprus announces new economic package to boost economy
Nicosia - President Nicos Anastasiades announced in a televised address last night a new set of economic measures to help businesses, the self-employed and employees soften the devastating financial effects…
Covid-19 gone from Cyprus in late May
Singapore - A Singapore University of Technology and Design study predicted that the Covid-19 virus will be eradicated in Cyprus in the second half of May. In a study published…
VAT to the Rescue
Value Added Tax (VAT) has been recruited by the Cyprus government to help curtail the adverse effects of the coronavirus pandemic on the local economy. In light of the grave…
Blood sample with respiratory coronavirus positive
Cyprus in state of emergency
Nicosia – The Cyprus government declared yesterday a state of emergency due to the coronavirus (Covid-19) pandemic and essentially locked down the country. In a press conference following day-long meetings…