Alternate Finance Minister Tryfon Alexiadis on Tuesday dismissed press reports regarding retrospective tax increases on 2015 incomes.

“There are no plans for retrospective tax increases. This is a lie,” he said in statements to Real FM.

Alexiadis noted that there will only be small changes in tax declarations in the next few days. “What we are planning are small changes in tax declarations which will be submitted to Parliament in the next days so that tax declarations will be prepared soon,” he underlined.