NEWSROOM

Posts Tagged ‘Tax Resident’

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...

Earnings Threshold for Employment Contribution Purposes for 2022

The earnings cap for Social Insurance purposes for 2022 has increased to €58,080 per annum (2021: €57,408 per annum).

Introduction of Incorporation Test for Tax Residency and Withholding Taxes

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...

Deemed Dividend Distribution

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...

Protocol to Double Tax Treaty Between Cyprus and Switzerland Entered in to Force

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...

No Administrative Fines for Submission of Tax Returns until 6 December 2021

The Ministry of Finance of the Republic of Cyprus announced on 1 December 2021 that there will be no imposition of administrative fines for the electronic submission...

New Package of Incentives for Establishing or Expanding Presence in Cyprus

On 15 October 2021 the Cyprus government presented its Action Plan for attracting companies to establish or expand presence in Cyprus. The Plan is in line with...

Inheritance and Estate Planning – Company or Trust?

In this newsfeed we will focus on two popular Cyprus entities, which can be used for arranging and administering the wealth of a family in order to ensure its smooth and careful transmission from...

View all news
<< 1 >> of 12