On 20 July 2020, an amending Protocol to the existing Double Tax Treaty of 2014 was signed between the Republic of Cyprus and the Swiss Confederation...
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...
The EC published a press release on 8 May 2020 proposing a deferral of the reporting deadlines under DAC6 by three months
The Cyprus Tax Department published on 12 February 2020 the bond yield rates per country as at 31 December 2019 to be considered for...
On 22 January 2020, the Instrument of Ratification of the Multilateral Convention to Implement Tax Treaty Related Matters to Prevent Base Erosion and Profit Shifting was published in the Official Gazette of the Republic of Cyprus...
The Cyprus Tax Department has incorporated the relevant Transfer Pricing requirements in the Corporation Tax Return for 2018...
