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Posted in News, News for Cyprus
Cyprus Tax News: New procedure for stamping documents
The procedure for stamping documents that are based on the value of the document/contract has changed, the Commissioner of Taxation recently announced.
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Posted in News, News for Cyprus
Cyprus Tax News: Double Taxation Treaty – Russia
On 10 August 2020, Cyprus and Russia concluded the negotiations of a new protocol to amend the existing provisions of the Cyprus-Russia tax treaty.
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Posted in News, News for Cyprus, News for Greece
Andersen published the 1st edition of the European Corporate Legal Insights Magazine
Andersen in Europe publishes its first magazine, European Corporate Legal Insights, which devotes its main section to analysing the measures adopted by the different countries in response to the Covid-19 crisis and their impact on foreign investment…
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Posted in News, News for Cyprus
Cyprus Tax Update – Overdue Taxes Settlement
Amendments to the Law Regulating the Settlement of Overdue Taxes. Deadline for the submission of applications for the settlement of overdue taxes…
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Posted in News, News for Cyprus
Cyprus Tax News: Cyprus introduces Exit Tax
On 19 June 2020, the Cyprus Parliament voted a law implementing the provisions of the European Union Anti-Tax Avoidance Directive (ATAD I) with respect to exit taxation rules, as well as the provisions of the amending…
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Posted in News, News for Cyprus
Cyprus Tax News: Tax Portal is now live
The Cyprus Tax Department launched the Tax Portal, putting an end to tax payments at local District Offices as from 1st September 2020.
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Posted in News, News for Cyprus
Cyprus Tax News: VAT on hospitality and transport temporarily reduced to 5%
As part of its efforts to boost the coronavirus-stricken economy, the Cyprus government has temporarily reduced the VAT rate that applies to certain services in the tourism, restaurants, and transport industries from 9% to 5%.
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Posted in News, News for Cyprus
Cyprus Tax News: Amendments to the NID provisions of the Income Tax Law
The revised NID provisions enhance the tax benefits for Cyprus companies financing their operations through new equity, are in line with the recommendations of the European Commission, and offer additional clarity for taxpayers.
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Posted in News, News for Cyprus
Cyprus Covid -19: Economy support measures
Support Package (May 2020), Announced by the Republic of Cyprus…
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Posted in News, News for Cyprus
Cyprus Tax News: Tax Update Extended Deadlines
In accordance with a Decree issued on 5 June 2020, the following deadlines are extended to 30 October 2020…