Cyprus’ legal and accounting bodies have reiterated their concerns over a government proposal that would allow the tax department to seal business premises for serious non-compliance, saying the measure is disproportionate despite added safeguards.
The bill, due for detailed examination on Friday by the parliamentary finance committee, was revised over the summer after consultations between tax commissioner Soteris Markides and professional groups.
As mentioned in Philenews, under the latest draft,
