889 results found

The EU Council has adopted DAC9 the 9th amendment to the Directive 2011/16/EU on Administrative Cooperation in the field of taxation (DAC). DAC9 supports the EU implementation of the OECD/G20...

On 14 February 2023, the Council of the EU decided to add British Virgin Islands, Costa Rica, Marshall Islands and Russia to the EU list of non-cooperative jurisdictions for tax purposes (the "EU List").

As a response to the sanctions placed on Russia, due to the current state of affairs in Ukraine, Vladimir Putin has signed, on the 8th of August 2023, a decree suspending (not abolishing)...

In Bulgaria, individuals with a permanently reduced working capacity of 50% or more benefit from special labor rights and tax incentives aimed at ensuring their social integration...

KPMG in Cyprus supported and participated, for yet another year, in the 6th Cyprus International Tax Conference, held on 14 February.

In light of EU Anti-Tax Avoidance Directive (ATAD), the Cyprus House of Representatives on April 5, 2019 voted into law (applicable from January 1, 2019) the partial implementation

A number of news sources have recently reported that the Indian tax authorities have taken the decision to designate Cyprus as a notified jurisdictional area under section 94A of the Indian Income-tax Act of 1961.

Deloitte's annual Cyprus Tax Facts, is part of our firm's continuous endeavour to provide complete, valid and updated information to taxpayers.

The DTT provides for a 0% withholding tax (WHT) rate on dividends, interest and royalties.

Cyprus has a progressive tax system, meaning that the higher the income of an individual, the higher the effective rate of tax will apply to the said income.

The Cyprus Tax Department's Interpretative Circular EE 25 dated 3 September 2018 clarifies the tax treatment of non-returnable capital contributions by Cyprus taxpayers to companies which are tax-resident abroad.

On December 16th, 2020, the Council of Ministers decided to transpose the 4th Anti-Money Laundering Directive (EU) 2015/849 to the national legislation.

It is reported in the Indian financial press that Cyprus and India will finalise the amendments to their double taxation avoidance agreement in the next few weeks.

In early September the Cypriot Tax Department issued an announcement informing the public that the bilateral Competent Authority Agreement, "Country-by-Country reporting", between Cyprus and the US is still under negotiation.

The Tax Department announced on 22 November 2018 that constituent entities of Cyprus ultimate parent entities (UPEs) will not be subject to local filing in their jurisdiction of tax residence,

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

In December 2015 the Ministry of Finance issued a decree implementing the OECD Common Reporting Standard and the Multilateral Competent Authority Agreement on the Automatic Exchange of Financial Account Information.