Cyprus tax department initiates nationwide compliance inspections

The Cyprus Tax Department has launched a nationwide campaign to ensure tax compliance through 24-hour on-site inspections. Tax Commissioner Sotiris Markides stated that the initiative currently prioritizes businesses in coastal areas, which are experiencing higher seasonal activity due to the tourism season. The inspections focus on the verification of legal invoicing, the issuance of receipts, and the mandatory acceptance of card payments. Officials have been instructed to conduct these checks with professionalism, discretion, and courtesy to minimize disruption to business operations. Plans are in place to intensify and geographically expand these inspections in the near future. The authorities have requested that citizens cooperate with tax officials by providing information regarding transaction receipts or card payment compliance if prompted. The primary objective of this campaign is to ensure businesses operate strictly within the legal framework governing financial transactions.