Cyprus’ overdue tax debts rose to €4.05 billion in the first quarter of 2025, nearly €1 billion higher than the same period of 2024, according to the quarterly progress report submitted by the Tax Department to the House.
The report, prepared under article 9E of the Collection of Taxes Law of 1962 and the VAT Law 95(I)/2000, was delivered by Tax Commissioner Sotiris Markides and accompanied by an annex detailing
