In a recent announcement, the Cyprus Tax Department has outlined
a series of changes regarding the submission of Withholding Taxes
& Imports Declaration (TF7) for the year 2024 and subsequent
years through the computerized TAX FOR ALL system.
This adjustment marks a shift from the previous
practice using the TAXIS net system.
This transformation involves a seamless transition across
various facets of the submission process.
Submission Platform
Declarations of Withholding Taxes and Contributions (TF7) will
exclusively be processed through the TFA system, replacing the
earlier TAXIS net system.
Frequency of Statements
Starting in 2025, only annual statements will be required,
streamlining the submission process. However, for the subsequent
years, a monthly submission of statements will become
mandatory.
