Tax reform to focus on green taxes, energy costs, business incentives

The University of Cyprus’ Economics Research Centre (CypERC) is entering the second phase of its tax reform project, it emerged on Monday, after it had been tasked to come up with a series of proposals by the government.

The proposed tax reform is set to focus on green taxation, reducing dependence on expensive electricity, and offering tax incentives to businesses, while at the same time considering the impact on state finances.

The centre is expected to present its progress...