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
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
Corporation Tax Return and SIT Filing Date Extended
Through an announcement dated 23 February 2024, the Cyprus Tax Department notified a decree issued by the Council of Ministers of the Republic of Cyprus providing...
26 February 2024
Transfer Pricing – Revised Thresholds
On 1 February 2024, the Cyprus Tax Department published revised thresholds for what concerns the obligation to prepare a Local File for transactions with related parties...
05 February 2024
EU Expands List of Non-Compliant Tax Jurisdictions to Include Russia, BVI, Costa Rica, and Marshall Islands
The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 14 February 2023, adding Russia, the British Virgin Islands (BVI), Costa Rica and...
05 November 2023
Transfer Pricing Circular for Transactions Under the Local File Threshold
The Cyprus Tax Department issued a circular for transactions falling below the threshold for the preparation of a Local File....
05 November 2023
Transfer Pricing – Assessment Method for Financing Transactions
Through a circular issued on 7 July 2023, the Cyprus Tax Department (TD) clarified the method it considers as the most appropriate for determining the arm’s...
05 November 2023
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....
