NEWSROOM

Upgraded Tax For All Portal Becomes Available
25/09/2024

With an announcement dated 25 September 2024, the Cyprus Tax Department informed the public that the upgraded Tax For All Portal has become available to the public.

Electronic Filing of Objections in Relation to VAT Postponed
02/09/2024

With an announcement dated 30 August 2024, the Cyprus Tax Department informed the public that the scheduled transition to electronic filing of VAT objections as from 3 September 2024 is postponed.

Filing of Objections in Relation to VAT
28/08/2024

With an announcement dated 26 August 2024, the Cyprus Tax Department informed the public that as from 3 September 2024 the filing of objections related to VAT...

Cyprus - Tax Treatment of Non-Refundable Capital Contributions
08/08/2024

Through Interpretative Circular 25, released on 3 September 2018, the Cyprus Tax Department clarifies the tax treatment of non-refundable capital contributions... 

Tax Circular on 50% Exemption of Remuneration from Income Tax
06/08/2024

On 8 July 2024 the Cyprus Tax Department issued Circular 04/2024 entitled “50% exemption from Income Tax on remuneration from employment exercised in the Republic”.

Penalties for UBO Register – Update by Registrar
19/07/2024

With an announcement issued on 16 July 2024, the Cyprus Registrar of Companies notified that the announcement of 17 May 2024, on penalties related to...  

Cyprus Parliament Approves EU Blue Card Legislation
17/07/2024

On 11 July 2024, the Cyprus Parliament approved the draft legislation for the implementation of the EU Blue Card Scheme. The EU Blue Card offers a significant opportunity for...

Reference Interest Rates for Montenegro and Cameroon for Notional Interest Deduction on Equity
15/07/2024

The Cyprus Tax Department published on 5 July 2024 the bond yield rates as at 31 December 2022 and 2023 for Montenegro and Cameroon, to be considered for...

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