On 5 January 2023 the Cyprus Tax department (CTD) issued a circular (1/2023) which terminates the application of "safe harbours" on back-to-back financing transactions with related parties.

Our Firm is the winner for a second consecutive year in the category of Transfer Pricing Advisory Firm in Cyprus, of Global Advisory Experts (GAE) www.globaladvisoryexperts.com awards.

The provisions of the Cyprus Tax law for the treatment of intangible assets have been amended on 14/08/2020, retrospectively from 01/01/2020.

On 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.

Our Firm is the winner in the category of Transfer Pricing Advisory Firm of the Year in Cyprus – 2020.

For many businesses, their IPs is the main profit driver. This is more prominent in the digital era and economy in nowadays. The IP is amongst the main reasons why some businesses...

The Cyprus income tax office has recently issued the application Guidance nu 4/2020 dealing with the application of the relevant articles of the law on tax residency and PE considering Covid 19 pandemic.

On 6 July 2023 the Cyprus Tax Department issued a circular (6/2023) that introduces simplification measures for taxpayers that are exempted from the obligation of preparing a TP Local file...

On 30 June 2022, Cyprus has introduced provisions for implementation of transfer pricing regulations in Cyprus by amending the current Cypriot Income Tax & Assessment and Collection laws.

On 16/06/2020 the amendments on the NID rules were published in the official gazette of the Republic of Cyprus.

The Cyprus Tax office announced the 10-year government bond yield rates as at 31/12/2020 for a number of countries.