5 Minute News

Serious Tax Weaknesses Found in Larnaca Restaurants

October 21, 2025

Restaurants in Larnaca are reported to have cooking their tax declarations, with the tax authority turning a blind eye. There is particular concern over failed tax collections from events featuring well-known artists. The Audit Office's report reveals findings of cash that was misrepresented as personal. The audits covered 11 companies, highlighting a long-standing issue of tax evasion. The relevant authority notes that the Tax Department's approach was lax, leading to serious tax implications.