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.
The deadline for registration of every company or any other legal entity incorporated in Cyprus to the UBO Register is on 12 March 2022.
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...
On 9 December 2021 the Cyprus Parliament approved some amendments to the Income Tax law and the law on Special Contribution for Defence related to...
The Protocol, which entered in to force on 3 November 2021, introduces, among others, minimum standards of the OECD Base Erosion and Profit Shifting (BEPS) actions, including...
On 19 November 2021 the Cyprus Tax Department issued a Circular providing clarifications on the administrative fines imposed for non-compliance with DAC6 reporting obligations.
On 22 November 2021 the Cyprus Tax Department announced a further extension to the period over which no administrative...
