Cyprus Tax News

Australia Notes Planned Tax Treaty Negotiations with Bulgaria, Colombia, Croatia, Cyprus, Estonia, Latvia, and Lithuania 17 November 2022
Croatia and Cyprus Conclude Tax Treaty Negotiations 14 November 2022
Multilateral Exchange Agreements Signed on Income Earned on Digital Platforms and on CRS Avoidance Arrangements and Opaque Offshore Structures 11 November 2022
Cyprus and Serbia to Consider SSA Improvements 24 October 2022
Cyprus Tax Authority issues clarification regarding Competent Authority Agreement with United States for exchange of CbC reports 20 October 2022
Cyprus Notes Expected Effective Date of CbC Exchange with the U.S. and Local Filing Obligations 17 October 2022
Netherlands Terminates Savings Tax Agreement between Former Netherlands Antilles and Several Countries in Relation to Sint Maarten 14 October 2022
Cyprus Exempts Individuals from Return Filing for 2022 if Gross Income Does Not Exceed EUR 19,500 11 October 2022
EU Commission Releases Infringements Package for September 2022 4 October 2022
Windfall Profit Tax and Cap on Market Revenues Agreed for Energy Sector 4 October 2022
Mauritius Publishes Synthesized Text of Tax Treaties with Cyprus, Egypt, and France as Impacted by the BEPS MLI 26 September 2022
EY Global Tax Controversy Flash Newsletter (Issue 50) | Updates to MAP processes may increase taxpayer participation 13 September 2022
Update - Cyprus 30% Investment Deduction for SMES 12 September 2022
Cyprus Tax Authority issues notification with respect to newly introduced transfer pricing rules and documentation requirements 5 September 2022
China Publishes Synthesized Texts of Tax Treaties with Canada, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Finland, and France as Impacted by BEPS MLI 25 August 2022
Cyprus Provides New Incentives for Non-Resident Individuals that Become Employed in Cyprus 23 August 2022
Cyprus Introduces New Provisions for Deducting R&D Expenses Including a Temporary 20% Increase 11 August 2022
Cyprus Provides Individual Tax Return and Payment Deadline Extension for 2021 Tax Year 10 August 2022
European Commission Infringement Package for July 2022 Includes Tax and Customs Issues for Cyprus, Greece, Latvia, Portugal, and Spain 18 July 2022
Cyprus Relaxes Financial Statement Audit Requirements for SMEs 15 July 2022
Cyprus Introducing New Transfer Pricing Rules 7 July 2022
Cyprus introduces transfer pricing rules and documentation requirements 1 July 2022
Georgia Publishes Synthesized Texts of Tax Treaties with Cyprus and the Czech Republic as Impacted by the BEPS MLI 23 June 2022
EY Global Tax Controversy Flash Newsletter (Issue 47) | Cross-border tax controversy on the rise: transfer pricing trends in the life sciences sector 17 June 2022
Spain Publishes Synthesized Texts of Tax Treaties with Bosnia and Herzegovina, Costa Rica, Croatia, Cyprus, Czech Republic, Egypt, Estonia, and Finland as Impacted by BEPS MLI 10 June 2022
EY Global Tax Controversy Flash Newsletter (Issue 46) | Is your organization ready to meet growing global demands for tax governance? 17 May 2022
Cyprus Looking to Conclude Negotiations for Tax Treaty with Croatia 13 May 2022
Tax Treaty between Cyprus and Jordan has Entered into Force 4 May 2022
EY Global Tax Controversy Flash Newsletter (Issue 45) | What 2022 may hold for global tax policy and controversy 12 April 2022
Cyprus Publishes FAQs on DAC6 Reporting 8 April 2022