The Department of Taxation in a statement reminds that, based on Article 30A of the Law on Certification and Collection of Taxes (N 4/1978), the companies included in the annex of Decree KDP 259/2021 (Obligations) and in the amending Decrees KDP 446/2021 , KDP 52/2022, KDP 248/2022, are obliged, in the context of their transactions with consumers, to accept means of payment by card for the completion of payment transactions.
It is pointed out that, based on article 50F of the Law on Certification and Collection of Taxes, non-compliance with the provisions of the above Decrees, entails an administrative fine of up to four thousand euros (€4.000).
It is emphasized that the businesses included in the Decrees are obliged to inform consumers about the acceptance of cards and means of payment of the payment card system, in a clear way that is not susceptible to misinterpretation and this information must be clearly displayed at the entrance of the store and on all funds.
Questions, complaints, complaints, etc., are submitted via email to the address complaints@tax.mof.gov.cy.
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