Monthly Archives: July 2020

In 2016, Cyprus adopted amendments to the Income Tax Laws and to the Cyprus Intellectual Property (IP) regime, to fully comply with the EU legislation and the relevant OECD recommendations of the BEPS Action 5. The amendments apply retrospectively as … Continue reading →

We would  like to inform you that the first installment of the “Provisional Tax 2020” is payable until 31 July 2020.

The international business environment has been changing rapidly over the past few years since there is a global movement towards transparency which leads to the introduction of the new stricter legislations and Anti Money Laundering procedures. The banking sector has … Continue reading →

The Cyprus Tax Department launched last week the digital “Tax Portal” aiming to assist tax payers through an online and automatic platform without physical presence of the citizens at the tax offices and time consuming procedures.

The European Council on the 24th of June approved the optional 6 months postpone of DAC6 related to the Exchange of Tax Information between European Countries, in the view of Coronavirus crisis.