ArticleLatest Revised EU List Of Third Country Non-Cooperative Jurisdictions In Tax MattersLatest Revised EU List Of Third Country Non-Cooperative Jurisdictions In Tax Matters.CyprusTaxPwC Cyprus
ArticleNetherlands Double Tax TreatyThere is nο withholding tax on interest, as long as the recipient of the interest is the beneficial owner of the income.CyprusTaxASC Law Firm
ArticleNew "Tax For All" Platform To Replace TaxisNetA new innovative platform -Tax For All- (TAF) is underway, by the Tax Department of Cyprus to replace TaxisNet, Tax Portal and other smaller systems. TAF will provide taxpayers and agents...
ArticlePayments To Non-Cooperative Jurisdictions? Beware Of Potential Tax Implications.As of 17 October 2023 the EU List of Non-Cooperative jurisdictions, the so called EU Blacklist, has been updated with 3 countries namely Antigua and Barbuda, Belize and Seychelles.CyprusTaxC.Kounnis & Partners
ArticleRapid Imposition Of Taxes And Delay In Receiving Tax/contribution NoticeThe Tax Department informs that there is a delay in sending and receiving the Tax Assessment / Contribution Notice.CyprusTaxKPMG in Cyprus
ArticleThe Cyprus Tax Authority Issued An Announcement Extending Further The Deadline For Submission Of DAC6 Reports Without PenaltiesOn 4 June 2021 the Cyprus Tax Authority (CTA) issued an announcement extending further the deadline for submission of DAC6 reports without any penalties to the end of 30 September 2021.CyprusTaxPwC Cyprus
ArticleThe Need For Economic Substance Of Cyprus CompaniesIn the evolving global business landscape, the concept of economic substance has become paramount, especially for jurisdictions like Cyprus that position themselves...CyprusTaxGRATA International
ArticleChanges To Assessment And Collection Of Taxes LawLaw 97(I)/2017 has amended the Assessment and Collection of Taxes (ACT) Law 1978 with effect from July 14 2017.CyprusWealth ManagementElias Neocleous & Co LLC
ArticleTonnage Tax: Countries Whose Ships Are Subject To SurchargeIn the event of breach of this requirement, Section 54 empowers the Department of Merchant Shipping to impose sanctions, including administrative fines and exclusion from the tonnage tax system. CyprusWealth ManagementElias Neocleous & Co LLC
ArticleECOFIN Council Publishes EU List Of Third Country Non-Cooperative Jurisdictions In Tax MattersOn 5 December 2017, the ECOFIN Council published its conclusions on the EU common list of (third country) non-cooperative jurisdictions in tax matters, also referred to as the ‘blacklist'. European UnionTaxPwC Cyprus
ArticleTonnage Tax - Maintenance Of Prescribed Levels Of EU-Flagged VesselsIn order to promote its objective of improving the quality of Cyprus shipping, the Merchant Shipping (Fees and Taxing Provisions) Law of 2010 imposes a surcharge on the tonnage tax payable regarding qualifying vessels...European UnionWealth ManagementElias Neocleous & Co LLC
ArticleExtended Deadline For The Submission Of The 2019 Personal Income Tax Returns (IR1) And The Payment Of Tax DueOn the 16th of June 2020, the Cyprus Tax Department announced the extension of the deadlines for the following 2019 tax submissions to 30 October 2020 (ΚΔΠ 247/2020)...CyprusTaxElias Neocleous & Co LLC
ArticleCypriot Tax Authorities Issue Guidelines On 60-Day Tax Residence Rule For IndividualsThe Tax Department of Cyprus has issued guidance on the new 60-day rule on tax residence provisions for individuals, which came into effect after the adoption of Law No.119(I)/2017.CyprusTaxAGPLAW | A.G. Paphitis & Co. LLC
ArticleCyprus Tax Department Issues Procedural Circular (ΔΕ5) For The Contents Of A Transfer Pricing Documentation FileOn 2 January 2019 the Cyprus Tax department (CT) issued a circular (ΔΕ5) explaining the practice that CT will apply in relation to the documentation of a transfer pricing study.CyprusTaxPremioserve
ArticleJCC Platform No Longer Available For Tax PaymentsThe Tax Department announced that as of May 3rd 2023 tax payments through JCC platform will no longer be available and payments will be executed ONLY through Tax Portal.CyprusTaxEurofast
VideoThe SHOCKING Truth About Cryptocurrency Market Trends Exposed (Video)another show from Cyprus tax and relocation hi everyone today we're going to talk about cryptocurrencies it's a complete guide so that you will know exactly how you will be taxed here in Cyprus...CyprusTechnologyCYAUSE Audit Services Ltd
ArticleTax Treatment Of Covid-19 Government Grants And AllowancesThe Ministry of Finance – Tax Department, issued two circulars (no. 48 and no. 49) on 20 July 2021 with regard to the tax treatment of government grants and allowances that are given to companies, ...CyprusCoronavirus (COVID-19)Ernst & Young Cyprus Ltd
ArticleCyprus Tax Facts 2021This publication contains insightful information on the tax system in Cyprus for the tax year 2021. CyprusTaxRSM Cyprus
ArticleDAC6 Developments In CyprusOn 22 November 2021, the Cyprus Tax Department announced a final extension for filing of information on reportable cross-border arrangements...CyprusTaxKPMG in Cyprus
ArticleEU AntiTax Avoidance Directive (ATAD)The Cyprus Parliament voted on 5 April 2019 the first implementation law in Cyprus of the EU AntiTaxAvoidance Directive (ATAD) and specifically on the following areas:CyprusTaxAreti Charidemou & Associates LLC