Transfer Pricing – Quality Assurance Declaration
The Cyprus Tax Department issued an announcement related to the Quality Assurance Declaration, which auditors and tax advisors are required…
Read More
Upgraded Tax For All Portal Becomes Available
With an announcement dated 25 September 2024, the Cyprus Tax Department informed the public that the upgraded Tax For All…
Read More
Electronic Filing of Objections in Relation to VAT Postponed
With an announcement dated 30 August 2024, the Cyprus Tax Department informed the public that the scheduled transition to electronic…
Read More
Filing of Objections in Relation to VAT
With an announcement dated 26 August 2024, the Cyprus Tax Department informed the public that as from 3 September 2024…
Read More
Cyprus – Tax Treatment of Non-Refundable Capital Contributions
Through Interpretative Circular 25, released on 3 September 2018, the Cyprus Tax Department clarifies the tax treatment of non-refundable capital…
Read More
Tax Circular on 50% Exemption of Remuneration from Income Tax
On 8 July 2024 the Cyprus Tax Department issued Circular 04/2024 entitled “50% exemption from Income Tax on remuneration from…
Read More
Penalties for UBO Register – Update by Registrar
With an announcement issued on 16 July 2024, the Cyprus Registrar of Companies notified that the announcement of 17 May…
Read More
Cyprus Parliament Approves EU Blue Card Legislation
On 11 July 2024, the Cyprus Parliament approved the draft legislation for the implementation of the EU Blue Card Scheme.…
Read More
Reference Interest Rates for Montenegro and Cameroon for Notional Interest Deduction on Equity
The Cyprus Tax Department published on 5 July 2024 the bond yield rates as at 31 December 2022 and 2023…
Read More
