MPs discuss the mandatory electronic filing of tax returns

Parliamentary Committee on Financial and Budgetary Affairs discussed on Monday general regulations on VAT including a provision for the mandatory filing of electronic tax returns by all legal persons.

MPs proposed that the provision for the electronic filing of tax returns should expand to cover natural persons as well and that it should also concern cases where the state owes taxpayers refunds.

A proposal initially put forward by the Institute of Certified Public Accountants of Cyprus.

Source: Cyprus News Agency