The deadline for electronic submission of the declarations for Special Contribution for Defense and General Healthcare System contributions withheld on...
With a decree issued on 31 December 2021, the Minister of Finance of the Republic of Cyprus has kept the public interest rate for 2022 the same as in 2021, at 1.75%.
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...
The earnings cap for Social Insurance purposes for 2022 has increased to €58,080 per annum (2021: €57,408 per annum).
The Cyprus Tax Department announced on 20 December 2021 that the submission deadline for Country-by-Country (CbC) Reporting obligations in Cyprus due to the secondary filing mechanism...
On 9 December 2021 the Cyprus Parliament approved some amendments to the Income Tax law and the law on Special Contribution for Defence related to...
The Deemed Distribution (DD) provisions apply where a Cyprus tax resident company has not distributed as a dividend at least 70% of its after-tax profits...
The Protocol, which entered in to force on 3 November 2021, introduces, among others, minimum standards of the OECD Base Erosion and Profit Shifting (BEPS) actions, including...
