Tax rise ahead, Straw pon­ders can­celling visit

Financial Mirror (Cyprus) - - FRONT PAGE -

The tax bur­den is ex­pected to rise and then fall, ac­cord­ing to the EC con­ver­gence plan, but the govern­ment has dumped some mea­sures that could cost votes in an elec­tion year, ac­cord­ing to the is­sue 653, on Jan­uary 11, 2006.

Tax

rise:

The govern­ment’s an­nual con­ver­gence pro­gramme, sub­mit­ted to the Euro­pean Com­mis­sion, calls for aban­don­ing some con­tentious mea­sures that will be hard to in­tro­duce in an elec­tion year, while it also pro­vides for a slight

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