EU Commissioner for taxation to visit Cyprus

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EU Commissioner for taxation and customs Algirdas Semeta is due to visit Cyprus, on Friday.

According to an press release issued by the European Commission Representation in Cyprus Semeta will meet Minister of Labour and Social Insurance Sotriroula Charalambous, representatives of the Ministry of Finance and Auditor General of the Republic Chrystalla Georghadji.

He will also meet with representatives of the Cypriot banking and financial services sector.

“The aim of my visit is to discuss tax files that are key to strengthening the single market, enhancing growth and helping fiscal consolidation”, said Semeta in the statement.

He added that “more cooperation, coordination and harmonisation are necessary to lift tax obstacles so that our citizens and businesses can reap the benefits of the single market in Europe”.

“I look forward to closely working together with the Cypriot Presidency to make further progress in the field of taxation”, he concluded.

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