tax repayment schemes debt recovery

Examining the Effects of Tax Repayment Schemes on Cypriot Football Clubs

Cypriot football clubs owe €32 million in unpaid taxes, sparking controversy over proposed tax repayment schemes that aim to recover debts through increased betting taxes funneled via the Cyprus Football Association. Critics argue this may reward noncompliance, threaten the betting industry, and conflict with EU laws on state aid and fair competition.