INTERIOR Minister Socratis Hasikos slammed parliament on Friday for shelving a government bill designed to protect house buyers without title deeds, asking whom the lawmakers were trying to protect.
The bill, submitted by the government in June, was meant to sort out the mess created by the failure...
A LAW to regulate the establishment, operation, supervision and control of a casino resort in Cyprus was approved by a majority of Cypriot MPs earlier today.
MPs voted by 29 in favour to 22 against to approve the law, a key part of the government’s plans to stimulate the island’s economy, with...
CYPRIOT MPs voted unanimously to cut Property Transfer Fees by 50 percent as part of a wider tax reform package designed to modernise the island’s property tax system and encourage economic activity in the real estate sector.
The reduced transfer fees will apply to all property sales...
THE debate on the Cyprus property tax reform and the ‘hidden mortgages’ bills agreed by the Government has been delayed, according to media reports.
The bill to reform property tax will be referred to the House in September, after the summer recess, due to a delay in its submission by the...
ASSUMING parliament approves a series of bills aimed at modernising and reforming Cyprus’ tax framework, those who own or who have purchased and taken delivery of property will be asked to pay Immovable Property Tax at the rate of 0.1% on the property’s 2013 taxable value.
Those whose IPT...
