When partnership pitfalls are greater than the perks

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The Ministry of Tourism recently proposed the introduction of minimum prices for sites categorised as ‘accommodation places’. In Decision 529/10.05.2018, the Commission for Protection of Competition (CPC) opined on the proposal’s compliance with competition rules. The CPC held that setting minimum prices for accommodation places would limit price competition between hotels. Minimum prices cannot guarantee…

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Chaos reigns as Revenue gets partners' tax wrong

LAW FIRM partners are receiving demands for tax they have already paid, while others are being credited with huge repayments not owed to them. The chaos is due to the Inland Revenue’s inability to deal with partnerships’ tax returns as part of the mass of work created by the 31 January self-assessment deadline. Partnerships can […]

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