The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 20 February 2024, removing the Bahamas, Belize, Seychelles and Turks & Caicos Islands.
Through an announcement dated 23 February 2024, the Cyprus Tax Department notified a decree issued by the Council of Ministers of the Republic of Cyprus providing for the extension of the deadline...
Through a circular issued on 1 February 2024 the Cyprus Tax Department announced that the necessary procedures for ratification of the Double Tax Treaty between Cyprus and Croatia were completed...
On 1 February 2024, the Cyprus Tax Department published revised thresholds for what concerns the obligation to prepare a Local File for transactions with related parties (known as “Controlled Transactions”).
The Cyprus Registrar of Companies announced, on 31 January 2024, that any penalties imposed for late submission of data to the Register of Beneficial Owners of Corporate and Other Legal Entities (UBO Register) are waived.
The Cyprus Registrar of Companies announced, on 17 January 2024, the extension of the deadline for submission of data to the Register of Beneficial Owners of Corporate and Other Legal Entities...
Following the implementation of EU Council Directive 2021/514 (DAC7), which amended Directive 2011/16 on administrative cooperation in the field of taxation (DAC), in to local legislation...
On 11 December 2023 Cyprus and France signed a Double Tax Treaty (DTT) which, once it enters in to force, will replace the existing treaty between the two countries, dated back in 1981.
