ATAD

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Reference Interest Rates for 2025 for Notional Interest Deduction on Equity

The Cyprus Tax Department published on 14 February 2025 the bond yield rates as at 31 December 2024 for a number of countries, to be considered...

19 February 2025

Filing of Tax Return and SIT

Grace Period for Filing of Corporation Tax Return and SIT for 2022

On 12 February 2025 the Cyprus Tax Department announced that while the deadline for submission of the Corporation Tax Return for 2022 for taxpayers with an...

14 February 2025

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Cyprus Introduces Global Minimum Tax for Multinational and Large Domestic Groups

The Directive is set to ensure a global minimum level of taxation for multinational enterprise groups and large domestic groups in the EU. It introduces a...

17 December 2024

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Clarifications on Country by Country Reporting Agreement between Cyprus and the USA

Through an announcement issued on 13 October 2022 the Cyprus Tax Department clarified that the bilateral Competent Authority Arrangement for the exchange of......

29 November 2024

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Extension of Filing Date for Corporation Tax Return and SIT

Through an announcement dated 25 October 2024, the Cyprus Tax Department notified that the Council of Ministers of the Republic of Cyprus decided for the extension...

26 October 2024

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Updated EU List of Non-Cooperative Jurisdictions for Tax Purposes

The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 8 October 2024, removing Antigua and Barbuda....

14 October 2024

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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 for Montenegro and Cameroon, to be...

15 July 2024

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EU List of Non-Cooperative Jurisdictions for Tax Purposes โ€“ Removals

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....

15 March 2024

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Reference Interest Rates for 2024 for Notional Interest Deduction on Equity

The Cyprus Tax Department published on 7 March 2024 the bond yield rates as at 31 December 2023 for a number of countries, to be considered...

09 March 2024