1,008 results found

Amendments to the Income Tax Law ("ITL") were approved by the House of Representatives and published in the official gazette on 30 June 2023 as the Income Tax Law 51(I)/2023 (Amending) (No.8)...

On 21 December 2021 new provisions amending both the Income Tax Law and the Special Contribution for the Defense of the Republic Law (SCD Law) were published in the Official Gazette of the Republic.

On 24 March 2025, the Tax Department issued Circular 2/2025, allowing the submission of Form T.D.1220 until December 31, 2025, for electing the non-taxation of immovable property leasing and/or renting, without any implications arising from late notification to the Tax Commissioner.

There has been a great deal of discussion and speculation following the Indian government's decision to declare Cyprus a 'notified jurisdiction'.

The Republic of Cyprus has traditionally established itself as an international business hub and a top European relocation center.

Whether in Cyprus or elsewhere globally, submitting tax objections is your ticket to reclaiming your hard-earned money and ensuring fairness in the tax system.

In Cyprus, hiring freelancers instead of full-time employees can seem cost-effective, but it carries significant tax and legal risks.

Interest on an overdue instalment of the tax is calculated at an interest rate of 5% per completed month.

On 15 December 2020 amending law No.7, which amends Article 8(21) of the Cyprus Income Tax Law, was published in the Cyprus Government Gazette.

On 22 March 2018, the new double tax treaty between Cyprus and the United Kingdom was signed (the New Treaty).

The Process of Adjustment of Tax Arrears Law 2017 establishes a procedure for settling tax arrears by monthly instalments (for further information please see "New law for payment of tax arrears by instalments").

The Cyprus parliament has passed a law amending the Income Tax Law to bring its provisions on taxation of income from the use or sale of intangible assets into line with the "modified nexus" approach.

The public disclosures, which also cover income tax accrued, revenues, employees and more, must follow a common EU template and be presented in a machine readable electronic format.

"The hardest thing in the world to understand is income tax.'' This was said by Nobel prize winner and arguably one of the greatest physicists of all time...

Albania has signed double taxation agreements with many countries, in order to ensure that tax on income is not paid twice.

Is Cyprus a good place to start the business of course it is it's simple fast and effortless most solopreneurs here in Cyprus or small companies either...

Hello my name is Kyriakos Tramountanellis and I'm the owner of CYAUSE Audit Services, a Cyprus audit and assurance firm with premises in Limassol and Nicosia.