Cyprus collects nearly €2m in single month from new €3 online shopping duty

Cyprus’s appetite for low-cost online shopping has produced an unexpectedly large return for the state, with the new €3 customs duty generating almost €2 million in July alone.  During the first month of the measure, Customs processed 650,000 chargeable items contained in 160,000 parcels, according to customs department spokesman George Constantinou, speaking to the Cyprus News Agency (CNA).   At €3 for […]