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For years, Cyprus has spoken about resilience. We say the economy is holding up, that growth remains solid, that public finances are improving and that the country continues to attract international business. All of that is true. But under the current geopolitical conditions, those facts on their own are no longer enough.
On 7 May 2026, the European Banking Authority (EBA) published the final report on amending the Guidelines on the application of the definition of default under Article 178 of Regulation (EU) No 575/2013 (CRR), following the CRR3 amendments to Article 178(3)(d).
Further to our VAT Alerts in October 2025 and March 5 2026 for the Arcomet Towercranes case (C-726/23) and the Attorney General decision on the Stellantis Portugal (C 603/24) case, the European Court of Justice on 13 May 2026 issued its decision on the Stellantis case in relation to the treatment of transfer pricing adjustments from a VAT perspective.
Scaling digital technology firms are likely to think about attracting talent and gaining funding, but innovation taxes need consideration
Every city official knows that if you’re not running a global capital, you’re going to have to work twice as hard to attract business investment. Being a second or third city might seem to be a handicap but it forces you to innovate, which can only be a good thing.
Indirect taxation is becoming ever more complicated, getting on top of the complexity and change is vital.
Guests are less loyal and more demanding than ever before. They use online travel agents (OTAs) and aggregators to find the best hotels and deals – which helps operators fill their rooms, but at a cost.
Crisis of confidence as global business optimism hits three-year low
Mid-market businesses should feel empowered to ask for better service from their bank, says the Swedish lender that is challenging established global players.
If you don’t want to deal with a communications crisis, make sure your corporate governance procedures are robust enough to prevent it in the first place
Insights on audit and its future in rapidly changing world. Follows a series of roundtables hosted by Grant Thornton and ACCA in seven countries.
Too many companies are failing to attract women to top positions, even though mixed-gender leadership teams deliver greater profits. How can we tackle this challenge?
The gender diversity issue has been on the business agenda for many years now, yet a third of businesses still have no women at a senior management level. Somewhere there is a disconnect.
The power of personalisation: Hotels’ roadmap to 2020
Whilst corporate tax avoidance continues to grab headlines, some of the biggest reforms are in fact occurring within indirect tax.
Companies that are comfortable with failure are more nimble, innovative and successful, says John Harmeling, chief marketing officer at Grant Thornton in the US
As businesses look to 2016 and beyond, this report considers the outlook for the global economy in 2016.
Being entrepreneurial and delivering mid-market sized turnover need not be mutually exclusive. Sweden’s Fontana Food has achieved the best of both worlds