Transfer pricing: New rules and documentation requirements
On 30 June 2022, the House of Representatives of Cyprus voted on and approved amendments in the Income Tax law…
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Tag: Tax
ATAD 3 – Shell Companies
Introduction The Third Anti-Tax Avoidance Directive (ATAD 3 or unshell directive) which sets rules to prevent the abuse of shell…
Amendment to the Special Defence Contribution Law
On 09/06/2023, an amendment (L40(1)/2023) to the Special Contribution for the Defence (‘SDC’or the “Law”) Law of 2002 was published…
Extension for the Income Tax Return (Individuals) 2022
We would like to inform you that the deadline for electronic submission of: 2022 personal income tax returns of individuals…
Provisional tax instalments for 2023
Obligation for provisional tax payment As per the Assessment and Collection of Taxes Law, every company or individual (whose income…
Tax Treatment of Profits for Companies engaged in Real Estate, Development and Contractors from Tax Year 2022 and onwards
The Tax Department has recently issued a new interpretative circular in relation to the tax treatment of profits for enterprises…
Action plan for attracting companies to operate or expand their activities in Cyprus
We would like to inform you that on 15 October 2021 the Cyprus government presented its Action Plan for attracting…
Extension for the Income Tax Return (Individuals) 2020
We would like to inform you that the deadline for electronic submission of: 2020 personal income tax returns of…
Extension for Income Tax Returns
We would like to inform you that the following deadlines are extended to 30 November 2021 Electronic submission of the…
Cyprus Tax News: “ERGANI” Information System enters into force
Cyprus Tax News “ERGANI” Information System enters into force We would like to inform you that the Ministry of Labour,…
