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Posts Tagged ‘Cyprus’

Different Easter Holidays…Again!

Although we are all getting tired, both physically and mentally, of this constrained way of life, we need to show some more patience, with the hope that we will soon get back to our normal way of living.  

Extension of Deadlines Related to Taxes for 2020

Following an amendment to the Assessment and Collection of Taxes Law published on 20 April 2021, the deadline for submission of the personal income tax return for individuals as well as...

Important Changes to the Cyprus Permanent Residence Permit Programme

The Cyprus Permanent Residence Permit Programme became even more attractive with some changes, which became effective on 24 March 2021.

Deadline for Submission of 2019 Tax Returns Extended

The Ministry of Finance of the Republic of Cyprus issued a decree on 12 March 2021 based on which the deadline for submission of...

Cyprus – Russia Double Tax Treaty: Amending Protocol Comes in to Effect

The ratification procedure has been completed and the protocol came in to effect on 15 January 2021 and it is applicable as from...

Reference Interest Rates for 2021 for Notional Interest Deduction on New Equity

The Cyprus Tax Department published on 12 February 2021 the bond yield rates per country as at 31 December 2020 to be considered for the Notional Interest Deduction (NID) to which equity...

Imposition of Administrative Fines Related to Late DAC6 Reporting

On 26 February 2021 the Tax Department announced that there will be no imposition of administrative fines for overdue submission of DAC6 information that will be submitted until the 30 June 2021, related to...

Payment of VAT in Instalments due to COVID-19

On 9 February 2021, an amendment to the VAT Law was published in the Official Gazette of the Republic, allowing for the VAT due on VAT returns ending...

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