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Tax department crackdown on homeowners receiving reduced VAT - Vimarsana News

Tax department crackdown on homeowners receiving reduced VAT

Officials from the tax department are set to crack down on homeowners who benefit from VAT reductions while renting out their property through AirBnB and Booking.com, it emerged on Thursday. The coming crackdown comes amidst reports that many homeowners listed their properties as a primary residence to receive the reduced…

"Source of wealth" law expected to pass in May - Vimarsana News

"Source of wealth" law expected to pass in May

With the aim of passing the law proposal for rationalizing the asset Declaration framework within May, the Parliamentary Committee on Institutions convened urgently today, examining, among other things, the timeframe for the submission of Asset Statements by officials and public figures.Also invited

Submission of tax returns for 2022 at end of April-early May via TAXISnet - Vimarsana News

Submission of tax returns for 2022 at end of April-early May via TAXISnet

Individual and corporate income tax returns for the tax year of 2022 are expected to be posted on the Department of Taxation's online platform in the coming weeks, Philenews reported on Friday.And even though the new online platform Tax For All (TFA) was launched in March, income tax returns will be

Cyprus helps uncover VAT carousel fraud - Vimarsana News

Cyprus helps uncover VAT carousel fraud

Cypriot authorities swung into action after an investigation of fraudulent activity in Portugal was expanded through the European Public Prosecutor’s Office, with several companies on the island reportedly linked to a scheme that cost Lisbon tens of millions in tax revenue