Cyprus Tax Authorities To Seal Business Premises In New Enforcement Drive

Stricter Enforcement Under New Tax Laws

The Cyprus Tax Department is preparing to begin sealing business premises with unpaid tax liabilities as part of enforcement measures introduced under the country’s tax reform framework, which came into effect on January 1, 2026. The measures are expected to be implemented during the summer and form part of broader efforts to strengthen tax compliance and recover overdue public revenue.

Empowering Authorities With Enhanced Tools

Under the legislation, tax authorities are granted expanded enforcement powers, including the suspension of business operations and the temporary sealing of premises. The measures apply to businesses with outstanding liabilities exceeding €20,000, including surcharges and penalties. Covered obligations include income tax, special defence contribution, capital gains tax, VAT, withheld taxes and other related contributions.

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Targeted Compliance Campaign

The new framework forms part of a wider compliance campaign targeting individuals and businesses that have failed to settle tax obligations. Authorities may proceed with enforcement in cases involving self-assessments or final tax assessments issued by the Tax Commissioner. Businesses or individuals currently challenging liabilities through administrative or judicial procedures are excluded from the enforcement process.

Structured Enforcement And Repayment Options

Tax authorities are already categorising debtors according to the size of outstanding liabilities in order to prioritise enforcement actions. The process includes three warning stages: an initial notice, a second notice after ten days and a final warning providing five additional days before premises can be sealed. Initial closure orders may remain in place for up to ten days, while continued non-compliance could lead to extensions of up to 20 additional days.

Incentivizing Settlement Through Repayment Agreements

Businesses entering structured repayment arrangements or instalment plans will be able to avoid closure measures. The approach is intended to encourage settlement of unpaid liabilities while allowing businesses additional time to regularise outstanding obligations.

A Strategic Shift In Tax Enforcement

The initiatives signal a significant shift in the country’s tax enforcement strategy. By focusing on active businesses and applying pressure on large-scale offenders, Cyprus is adopting a methodical approach to ensure compliance, reduce fiscal gaps, and ultimately, secure tax revenues.

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Meta Unveils Muse Wonder Models In A Bid For Frontier AI Leadership

by THEFUTURE.TEAM

October 13, 2026

Meta has introduced two new AI models, Muse Wonder and Muse Wonder Full, signalling a more ambitious move into frontier AI. The releases build on Muse Spark but target more demanding tasks, including coding, while placing greater emphasis on long-term memory and personalised assistance.

Larger Models Target More Demanding Tasks

Unlike Muse Spark, which was designed for low latency and lightweight use, Muse Wonder and Wonder Full are significantly larger and, according to Meta, more capable. The company reports stronger benchmark performance and improvements on demanding workloads, including coding.

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According to Meta’s model card, both models achieved benchmark results comparable to Fable 5.1 and GPT-6 Astra in the company’s internal testing. Meta described the release as “the next step on our scaling ladder and a major leap toward personal superintelligence” in its announcement.

Pricing Reflects Meta’s Frontier Ambitions

The models’ pricing places them in the premium AI segment. Through the Meta Model API, Muse Wonder will cost $4 per million input tokens and $20 per million output tokens, putting it in a similar pricing tier to GPT-6 Sol and Opus 5.5.

Muse Wonder Full, by contrast, will not be offered through the API. Meta says it will be exclusive to Muse Code subscribers, tying access to its most advanced model to a premium product. Both models will also power the Muse agent.

Long-Term Memory Takes Centre Stage

Meta is increasingly positioning its AI strategy around assistants that can support users over time rather than respond only to individual prompts. A central part of that approach is what the company calls “active memory”: the ability to retain, organise and synthesise information provided by users across extended periods.

Meta points to the MemoryBench benchmark, which evaluates systems designed for continual learning and memory construction. The company says Muse Wonder now outperforms Fable, Opus and Astra on this measure.

“We put a tremendous amount of effort into making sure your model can remember what’s important to you over days, weeks, months, and beyond,” research scientist Kavya Kopparapu said in a launch video.

New Models Follow Meta’s AI Reorganisation

The launch is also significant within Meta’s broader AI strategy. It is the company’s first frontier-model release since Scale AI founder Alexandr Wang reorganised its AI operations in August 2025. Meta has since introduced Muse Spark and the Muse agent, while making fewer high-profile model announcements than competitors such as OpenAI and Anthropic.

The new models were trained at Meta’s Prometheus data centre in central Ohio, which came online earlier in 2026, according to the company. The facility highlights the growing importance of infrastructure in the race to develop advanced AI systems, where performance depends not only on algorithms and data but also on computing capacity, data-centre investment and access to capital.

As competition intensifies, Muse Wonder and Wonder Full represent a broader bet on larger models, persistent memory and premium AI products. Their longer-term significance will depend on how their reported capabilities translate into real-world performance and whether users find enough value to pay for access.

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