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
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
Transfer Pricing– New FAQs by Tax Authorities
The Cyprus Tax Department issued new Frequently Asked Questions (FAQs) on its website, providing guidance on certain aspects of the Transfer Pricing rules introduced with effect...
02 October 2024
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 to submit in relation to Local...
26 September 2024
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 contributions......
08 August 2024
Transfer Pricing Rules – Submission of SIT
On 20 May 2024 the Cyprus Tax Department announced that as from 27 May 2024 the Summary Information Table will be submitted only though the Tax...
22 May 2024
Transfer Pricing Rules in Cyprus – New FAQs by Tax Authorities
The Cyprus Tax Department issued new Frequently Asked Questions on its website, providing guidance on certain aspects of the Transfer Pricing Rules introduced with effect from...
05 April 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...
