🇨🇾 Cyprus Becomes “OnlyFans Champion”: Tax Authorities Expose Hundreds of Creators and Companies Hiding Income — Debts Exceed €500,000
The Cyprus Tax Department has identified around 300 individuals and businesses that failed to declare earnings from online platforms, including OnlyFans, YouTube, Instagram, and Twitch. The total amount of unpaid taxes is estimated at about €500,000. The investigation was carried out by a special unit that monitors social media activity and compares digital transactions with tax declarations.

The list includes both Cypriot residents and foreign nationals operating from Cyprus — among them bloggers, beauty specialists, drivers, travel agents, and small online business owners.

The probe is part of the EU DAC7 directive, which requires digital platforms to share user income data with tax authorities. Officials noted that some creators earned up to half a million euros per year without paying taxes. Those involved will receive notices of reassessment and fines, and repeated offenses may lead to criminal charges.

❗️In Cyprus, income from online platforms is taxed at standard rates: 12.5% corporate tax for companies, 19% VAT for earnings above €15,600, and 20–35% income tax for self-employed individuals. There is no special “5% tax” for OnlyFans creators — this is a common misconception circulating online.
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