Violation of Tax Legislation

A written notice with details of the tax object both in Cyprus and abroad, of the taxpayer, his/hers spouse and unmarried children; can be demanded by the Commissioner of Taxation to be submitted duly, before legal steps are taken.

Additionally, accounts and estimates might not be accepted, if not prepared or certified by an independent accountant or accompanied by requested evidence.

On a landmark decision dated 20.02.2018, the Supreme Court stated that the discretion of the Commissioner is quite wide and as per law, refusal, omission or negligence to comply can be criminalized and subsequently lead to issuing an order for compliance.