The Cyprus Tax Department issued a notification providing guidance related to the Transfer Pricing (TP) documentation requirements.
31 December 2022 is the submission deadline for the following Country-by-Country (CbC) Reporting obligations in Cyprus:
• Submission of CbC Reports for the 2021 Reporting Fiscal Year...
On 30 June 2022, the Cyprus Parliament voted in to law a package of measures introducing detailed Transfer Pricing (TP) requirements for businesses. The measures are in line with...
The treaty entered in to force on 11 April 2022 and it generally applies as from 1 January 2023.
The Cyprus Tax Department published on 3 February 2022 the bond yield rates per country as at 31 December 2021 to be considered for the Notional Interest Deduction...
The Cyprus Tax Department issued, on 24 January 2022, a set of Frequently Asked Questions related to financing arrangements between related parties of a so called Back to Back nature.
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...
The Cyprus Tax Department announced on 20 December 2021 that the submission deadline for Country-by-Country (CbC) Reporting obligations in Cyprus due to the secondary filing mechanism...