On 19 June 2020, the Cyprus Parliament voted into law the provisions of the EU Anti-Tax Avoidance Directives (ATAD I and ATAD II), which had not been transposed in to local legislation before...
The Directive gives Member States the option to defer the application of what is known as DAC6 by six months...
The provisions of the Income Tax Law related to the Notional Interest Deduction (NID) on New Equity were amended...
Through a Decree issued on 22 May 2020, the Cyprus Tax Department announced that the deadline is further extended...
The EC published a press release on 8 May 2020 proposing a deferral of the reporting deadlines under DAC6 by three months
The Cyprus Ministry of Labour announced on 2 May 2020 that the deadline for the payment of Social Insurance and related contributions for March...
On 15 April 2020 the Cyprus Parliament voted in the law the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus...
