Concerns About the New Tax Reform
August 3, 2025
Professional associations of accountants and lawyers are expressing concerns about the proposed tax reform. They question whether the new provisions will grant excessive powers to the Tax Commissioner, leading to tax-related intimidation. The Tax Commissioner, Sotiris Markidis, emphasizes the need for enhanced compliance and invites dialogue regarding the bills. The situation is causing tension, and meetings with the Ministry of Finance are scheduled to address these issues.