Wednesday, 17 December 2014

Monday, December 15/2014

Only in Cyprus. The following from today's Cyprus Mail. Note that the Republic of Cyprus only HAS 850,000 citizens.

Portion of property tax uncollected as owners remain unknown

Portion of property tax uncollected as owners remain unknown
By Marie Kambas
Ten per cent of property, valued at 1.7 billion euros in 1980 prices, is going untaxed because the owners’ identification numbers are not registered with the land registry department’s computerised systems, auditor-general Odysseas Michaelides said adding that the omission affects 305,000 individuals.