On the finish of the primary half of 2025, a brand new fashionable legislative framework for tax reform is anticipated to be submitted to the Parliament primarily based on a examine on the evolution of the tax system ready by the Middle for Financial Analysis of the College of Cyprus.
This was introduced by the Minister of Finance, Makis Keravnos, in a speech at a Tax Reform Convention.
The Reform, as he talked about, is concentrated on selling investments and lowering enterprise threat, using different types of taxation, similar to inexperienced taxation, lowering the shadow financial system and tax evasion, and creating a good, environment friendly and aggressive tax framework.
Supply: Radio RIK, GTP
PAH/MX
