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
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
Cyprus and Oman Sign a Double Tax Treaty
On 8 December 2024 the Republic of Cyprus and the Sultanate of Oman signed a Double Tax Treaty (DTT)....
16 December 2024
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
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...
