1,008 results found

The Cyprus Tax Department has issued a reminder that 3 July 2018 is the final date for submitting applications for payment of overdue taxes by monthly instalments under the Process of Adjustment...

On 19th of December 2019, an amendment of Article 14 of the Income Tax Law of 2002 was published in the Official Gazette of the Republic of Cyprus.

On 12 December 2024, the Cyprus House of Representatives approved the implementation of a global minimum tax law in Cyprus (the GMT Law) for multinational enterprise groups (MNEs)...

Cyprus taxpayers have been granted additional time to meet their 2024 individual income tax obligations. A new decree approved by the Council of Ministers extends the submission...

A new legislation, according to which the Tax Department will have the authority to tap into bank accounts of taxpayers without a court order in order to obtain any unsettled taxes, is expected to be enacted soon.

On 8 September 2020, Cyprus & Russia signed the protocol for the amendment of the Treaty for Avoidance of Double Taxation between the two countries.

On June 21, 2024, the Cyprus Tax Department announced a significant update regarding the submission deadline for the income tax return (T.D.1) for individuals.

The Process of Adjustment of Tax Arrears Law 2017 (Law 4(I)/2017) establishes a procedure for settling tax arrears by monthly instalments. It provides a waiver of interest and penalties of up to 95% for all nationally imposed taxes

Cyprus has introduced new rules with respect to establishing the tax residency of individuals, by an amendment to the Cyprus Income Tax Law passed in July 2017. It is important to note...

According the Cyprus Income Tax Laws, all companies that will have taxable income for tax year 2021 should submit to the Tax Authorities by 31 July 2021, a temporary tax return form.

The Special Contribution for Defence rate on the interest income received by Cyprus tax resident domiciled individuals from corporate bonds has been reduced from 30% to 3%.

It has been agreed for the protocol to come into force not earlier than the 1st January 2019, date that the existing Convention will expire.

For private sector employees and private sector pensioners, the Special Contribution related to services rendered in Cyprus.

The Tax Department informs that the submission of electronic Income Tax Return for employees, pensioners and self-employed individuals who do not prepare audited financial statements...

Representatives of the Cyprus and the Ukrainian governments have signed, in Kiev, on Friday, 11 December 2015, a protocol amending their Double Tax Avoidance Treaty.

According to the Cyprus Income Tax Laws, all companies that will have taxable income for the tax year 2019

03/07/2020 According to the Cyprus Income Tax Laws, all companies that will have taxable income for tax year 2020 should submit to the Tax Authorities by 31 July 2020...

The Cyprus Parliament on 19 June 2020 has voted the Cyprus transposition of the European Union (EU) Anti-Tax Avoidance Directive (ATAD) for Exit taxation and Hybrid mismatch rules.