Gradual Approval Process for Tax Reform
September 17, 2025
A coalition of parties is forming to approve the tax reform in parts. Although there was a positive impression during the meeting with the Minister of Finance, some parties have shown differing intentions. DISY, DIKO, and EDEK plan to approve only the provisions regarding tax rates in 2025, leaving anti-tax evasion measures for 2026. The aim is to allow more time for implementation and focus on important tax improvements, such as increasing the tax-free income threshold. The delay in legislative proposals from the Ministry of Finance strengthens this approach.