NEWSROOM

Posts Tagged ‘BEPS’

Clarifications on Country by Country Reporting Agreement between Cyprus and the USA

Through an announcement issued on 13 October 2022 the Cyprus Tax Department clarified that the bilateral Competent Authority Arrangement for the exchange of...

Transfer Pricing Rules in Cyprus – Guidance by Tax Authorities

The Cyprus Tax Department issued a notification providing guidance related to the Transfer Pricing (TP) documentation requirements.

Country by Country Reporting – 31 December 2022 Deadline

31 December 2022 is the submission deadline for the following Country-by-Country (CbC) Reporting obligations in Cyprus:

• Submission of CbC Reports for the 2021 Reporting Fiscal Year...

Introduction of Transfer Pricing Rules in Cyprus

On 30 June 2022, the Cyprus Parliament voted in to law a package of measures introducing detailed Transfer Pricing (TP) requirements for businesses. The measures are in line with...

Cyprus – Jordan Double Tax Treaty in Force

The treaty entered in to force on 11 April 2022 and it generally applies as from 1 January 2023.

Reference Interest Rates for 2022 for Notional Interest Deduction on New Equity

The Cyprus Tax Department published on 3 February 2022 the bond yield rates per country as at 31 December 2021 to be considered for the Notional Interest Deduction...

Frequently Asked Questions on Back to Back Financing Arrangements

The Cyprus Tax Department issued, on 24 January 2022, a set of Frequently Asked Questions related to financing arrangements between related parties of a so called Back to Back nature.

Cyprus and Jordan Sign a Double Tax Treaty

On 17 December 2021 Cyprus and Jordan signed a Double Tax Treaty. The treaty is based on the new OECD Model Tax Convention and includes all the minimum standards of the...

View all news
<< 1 >> of 6