Tax dept ‘putting final touches’ on tax reform bills

The tax department is “putting the final touches” on bills which, if passed into law, will bring about sweeping changes to Cyprus’ tax system, according to reports on Friday.

The Cyprus News Agency (CNA) reported that it is hoped the bills will be sent to the legal service for review as soon as next week, with them set to then be submitted to parliament following the summer recess.

“In essence, the bills have been completed and only some details remain. We can say that today...