Welcome to our 5 minute tax update broadcasted monthly. The aim
of our tax webcasts is to provide a brief summary of local and
international tax events impacting Cyprus.
In this Tax Webcast, we cover the following topics:
1. Local tax developments
1. 1 Tax bill to allow interest payable for fully serviced
loans, granted for principal residence purposes
1. 2 Tax bill to revise the Stamp Duty Law
1. 3 Tax Department announcement on Country by Country
Reporting (CbCR)
2. International developments
2. 1 OECD press release on preferential regime
reviews
3. Tax diary for December 2018
31 December 2018
- Filing of revised provisional tax return (where applicable)
and payment of the 2nd instalment of the 2018 provisional tax