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ARTICLE · 14 JUNE 2021

Further Extension Of DAC6 Deadline

Elias Neocleous & Co LLC
Elias Neocleous & Co LLC
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Elias Neocleous & Co LLC

Elias Neocleous & Co LLC

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On the 3rd of June 2021, the Tax Department issued an announcement stating that there will be no imposition of administrative fines for the overdue submission of DAC6 information until the 30th of September 2021.

CyprusTax

On the 3rd of June 2021, the Tax Department issued an announcement stating that there will be no imposition of administrative fines for the overdue submission of DAC6 information until the 30th of September 2021. This is a further extension to the one granted by the Ministry of Finance on the 26th of February 2021, which had previously extended the imposition of any fines to the 30th of June 2021.

This new date applies to the following cases specifically:

  1. Reportable cross-border arrangements made between 25 June 2018 and 30 June 2020, which had to be submitted by 28 February 2021.
  2. Reportable cross-border arrangements made between 1 July 2020 and 31 December 2020, which needed to be submitted by 31 January 2021.

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