75% Discount on Immovable Property Tax

18:16 - 02 Σεπτεμβρίου 2016

GoldNews

The Tax Department will be sending Immovable Property Tax demands that will include significant discounts agreed by parliament earlier this year of 75 per cent if they settle their account by 31 October.

Taxpayers will receive in the next few days their bills for Immovable Property Tax (IPT) which will come with significant reductions, tax department senior official Klelia Papadopoulou has said.

Speaking to state broadcaster CyBC, Papadopoulou said that if someone’s property has not changed since January 1, 2015 he or she will pay the same tax as last year.

75% Discount on Immovable Property Tax

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