ACCORDING to a report in today’s Phileleftheros, government policy on Immovable Property Tax (IPT) remains unchanged, i.e. it will be imposed on a property’s 2013 value, as required in the MoU between the government and the troika of international lenders.
However, Inland Revenue officials have...
THE House Legal committee is determined to press ahead with finalising a bill to protect families’ primary residence “through fire and water”, its head Sotiris Sampson said, placing the bill’s estimated date of submission to a plenary vote around the end of March.
The committee, convened on...
MARIOS Shiaeles, a Limassol based lawyer, and his wife Niki Fasaria fled Cyprus in September 2006 after allegedly carrying out a series of property frauds on clients totalling in excess of 3.6 million Cyprus Pounds.
The alleged victims included at least seven different nationalities, with some...
THE FINANCE ministry announced on Friday it was abolishing restrictions on fixed term bank deposits, introduced last year along with other capital controls to prevent a bank run.
The ministry also said it was increasing the current limit for monthly money transfers per person within the Republic,...
MANY who were hoping that agreement between the Cyprus Government and the troika of international lenders would result in their receiving their Title Deeds, pinned their hopes on the following statement contained in the Memorandum of Understanding issued on 12 April 2013:
“By Q4-2014, eliminate...
