-
Posted in News, News for Cyprus
Cyprus Tax News: Notional Interest Deduction reference rates announced
The Cyprus Tax Department issued earlier this month a notification announcing the interest reference rates of the 10-year government bond as at 31 December 2021, which are applicable for the tax year 2022.
-
Posted in News, News for Greece
GDPR Flash News: Fine for infringing the right of access to video surveillance system material
The Hellenic Data Protection Authority imposed a fine of 30.000 euros on a port management company for infringing the right of access to video surveillance system material.
-
Posted in News, News for Greece
Law 4864/2021 on the Establishment and Operation of “Spin-off”
The new Law 4864/2021 on the establishment and operation of “spin-off” companies aims to unify and improve the fragmented institutional framework that has been regulating companies with related activities until now.
-
Posted in News, News for Cyprus, News for Greece
Sustainable Finance
The Taxonomy Regulation (EU) 2020/852 requires large financial and non-financial companies in-scope to disclose how and to what extent their activities are associated with environmentally sustainable economic activities (art. 8). Regulation (EU) 2021/2178
-
Posted in News, News for Greece
MyDATA Explained: A complete guide
myDATA is a platform created by Greece’s tax authority, The Independent Authority for Public Revenue (IAPR), to digitize business tax and accounting information declaration. All companies performing accounting, according to Greek accounting standards, will be required to transmit…
-
Posted in News, News for Greece
Episode #10 Law 4706/2020: Corporate Governance Reform – BoD Committees
On episode 10 of Andersen Legal podcast series, our associate Rania Koliouli will refer to BoD Committees and their responsibilities.
-
Posted in News, News for Cyprus, News for Greece
The M&A market in Europe reached an all time record in 2021
The growth experienced in the M&A, private equity and venture capital transactions in 2021, is expected to set the stage for an even better 2022.
The mergers and acquisitions (M&A) market in Europe has reached a historic record in 2021… -
Posted in News, News for Greece
Updates on diagnostic COVID-19 Testing for Private Sector Employees
According to recent announcement released from the Ministry of Labour & Social Affairs, from 7th of February 2022, the mandatory Covid-19 weekly testing applies to all employees of the private sector who provide their services with physical presence
-
Posted in News, News for Cyprus
Cyprus Tax News: Submission deadline of SDC and GHS contributions extended
The deadline for the electronic submission of the declarations for Special Defence Contribution (SDC) and General Healthcare System (GHS) contributions withheld on interest (T.D. 602) and dividend (T.D. 603) payments, has been extended to 31 March 2022.
-
Posted in News, News for Cyprus
Cyprus Tax News: FAQs on back-to-back financing arrangements
The Cyprus Tax Department (CTD) has issued a new Frequently Asked Questions (FAQs) section on its website associated with Interpretative Circular 3 dated 30 June 2017 titled “Tax treatment of intra group back to back financing transactions”.
