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
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
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
EU List of Non-Cooperative Jurisdictions for Tax Purposes – 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
EU Revises List of Non-Cooperative Jurisdictions for Tax Purposes
The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 17 October 2023, adding Seychelles, Belize and Antigua and Barbuda....
05 November 2023
Country by Country Reporting – 31 December 2022 Deadline
Individuals whose gross annual income is below €19.500 have been exempted from the obligation to submit a personal income tax return for the tax year 2022....
28 September 2022
Country by Country Reporting – Extension of Deadline
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......
