New Countries added to the European Council black list for tax purposes
The European Council announced the updated list of non-cooperative jurisdictions for tax purposes. The new list includes the British Virgin Islands (BVI), Costa Rica, Marshal Islands and Russia.
The Cyprus Tax Department announced the replacement of the TAXISNET-VAT platform with the new Integrated Tax Administration System – Tax For All, TFA (Stage 1 – VAT).
As it is highlighted that the new system doesn’t allow the taxpayers to modify their username, it is advised if they wish to change it to do it before February 23rd 2023 through the existing platform TAXISNET-VAT.