The Government of Cyprus is going to present to Parliament a bill that combines property taxes and municipal fees. The authorities intend to do so before the summer parliamentary session is complete, according to the portal Property Cyprus Cyprus Buyers are the Property .
"This will be done very soon, before the closing of the summer session, - said the Minister of Internal Affairs of Cyprus Sokratis Hasikos and added that the cost of housing will also be restated - In the first week of June, we will be ready to provide the Ministry of Finance fully revalued Cyprus Real Estate database with the new prices"
The volume of tax collection has not yet been discussed, according to Hasikos. He said that the government plans to raise the total amount of ˆ 100 million in tax plus ˆ 13 million of municipal fees - and added that the increase in the tax system of rates will not, on the contrary, the authorities will do everything possible to reduce them.
According to the anti-crisis agreement with a number of foreign creditors, the Cypriot authorities were required to recalculate the value of real estate (which is currently calculated by parameters 1980). Real estate tax in 2015 is to be paid on the basis of the new prices, the government indicated. Preliminary calculations have been published in open sources: the owners can file an appeal before the end of this year, in case of disagreement with them. According to Cyprus Property Buyers, by April 2015 the owners of the Cyprus property has 22,000 appeals were granted.
HomesOverseas.ru
